A house I'm considering purchasing has a pest problem, and there are a lot of rodent droppings in the garage and attic. If I go through with purchasing it, I'm planning to hire a pest control company to get rid of the...
On a separate thread today there is a debate about flipping versus buy-and-hold. The point was made that one should focus their investment strategy and that diversion from focus is a sign of an amateur. Others disag...
Last week, I posted a question about a somewhat complicated legal issue surrounding a DOT that was part of my father's estate that never got recorded, then the debtor/prior owner was able to go back, refi the property...
I have a SFH that I recently listed for rent on Zillow, Trulia, and Hotpads. (all at once) I have not listed it anywhere else. It has been brought to my attention that some scum bag is posting my house for rent on cra...
Ok, so I've been skeptical for many, many years of hiring a PM. My main concerns were that a PM wouldn't care for my properties like I would, that I would pay exorbitant amounts for any kind of maintenance, and that t...
Dear Old Pros,
I'd love your critique of my situation and plan if you can spare the time. I'll lay it all out there in the hope that some folks might have some useful insights or advice.
I've been an "amateur" inve...
Hey everyone. So I've had my condo listed online for a week, and out of all the people who've come in, I only have 1 potential tenant, but he hasn't submitted the application yet. Essentially, 80% of the inquiries n...
My current accountant has apparently not been taking depreciation on my rental properties every year. I am a rank novice in this area. Just wondering whether there could be any strategic benefit to not taking the dep...
Years ago, I was at a CPA conference, and the lecturer finished 30 minutes early. Unheard of, I know, but it did happen. He asked us what we wanted to learn in the remaining 30 minutes. And 300 CPAs in the room almost...