Would you keep a "Pet Fee" out of the security deposit? In this instance I am holding 1.5 months deposit ($1,725). Otherwise the tenants were perfectly pleasant. So what do you think is fair in this instance? We're...
I have heard some of the advantages to getting a license (e.g. access to MLS, saving on commission costs, access to viewing more properties, etc.) but I was curious: as an investor, what are some of the disadvantages ...
I have a friend who mailed a certified letter of intent to move. Letter to be recieved before January 1st. Landlord didn't acknowledge the letter until the tenant wrote another letter in late January asking to use hi...
Good morning BPI have a question this morning. I'm hopinganyone knows how the tax break works in the US for the annual depreciation on a rental property works.How long does the depreciation tax break last on the prop...
Hello experts,I believe that for a full tax deferral of profits through a 1031 exchange, I need to have occupied the property for at least 2 of the last 5 years. A rental property that own was occupied by me for the f...
Ok... so I posted a week ago about some refinances where I couldn't make the numbers work, because flood insurance quotes are just too high and ridiculous. Well, I ended up getting flood insurance on one of my propert...
Saw on tv today that someone got fined for not having a minimum of 7 days in Hillsborough county? Anybody know about this law?
My partners and I live in California but are looking to purchase / have purchased properties out of state. Should we form an LLC in that respective state or will a CA LLC be enough? We're specifically looking at the ...
I have posted on this topic before, but am seeking a fresh perspective. I am considering pulling out my 401k to use as seed capital for a few new flips. What are the risks, is this wise? Would you caution someone agai...
Hey everyone! I'm looking to get my first investment property - so far I sat down with a few credit unions and 1 corporate bank just to see what each one has to offer and just get pre-qualified; based on my 3 credit ...