Hii just changed the roof on one of my rental properties. it cost 18K and insurance paid for it and i only paid 1.5K for deductible. do i just depreciate the 1.5K on my tax return or 18K?
Hi BiggerPockets community,If my assignment is more than 20K I should be double closing right? I know double closing also eats up the fees. Are there any other ways to do assignment if is higher?
Hello BiggerPockets VR friends! I've heard that some people offer their guests Netflix. We own a VR cabin in Gatlinburg, TN and this would seem to be a really nice amenity to consider adding. Here's the problem, I ...
Lay it on me friends, I want to hear what you hate about land lording. What should I expect that is a real PITA? I read in someone's post the other day that they hate land lording. It is my goal to try land lordi...
Hello,A seller provided owner-financing for a portion of a recent purchase of 3 duplexes about 6 weeks ago. The seller recently mentioned that they were looking into selling the note rather than waiting for the balloo...
Hi guys,Will you please help me out? I have been thinking of doing this deal but not sure if I should do a subject 2 or how to structure it.Seller owes 35K to mortgage. Rents are 1.7K (owner pays heat, water/sewer/tra...
Hello,This is my first post, so I hope it complies with the rules. I've been doing a lot of digging and reading everything I can. I am about to close and acquire on my first multi-family investment property (Hartford,...
I’ve reached out and spoken with 4-5 realtors and have found with each one that NONE of them bring properties to my attention. Granted, im constantly on all of the real estate websites looking for houses, but I can’t ...
Investment Info: Multi-family residential buy & hold investment located a 20-mile drive or 25-minute ferry ride from downtown Boston in the beach town of Hull, Massachusetts, also known as Nantasket Beach.
Purcha...
Hello Everyone,
I am having a lot of responses to my listing for my rental house. I decided to do a open house like showing this weekend. I will have rental applications and answer questions. Should I have co...