Philip Sriployrung
Bonus Depreciation - Schedule E vs C
Hi everyone,I'm using a FreeTaxUSA to file my taxes. I currently own one rental SFR, purchased May of 2018. I did an online cost segregation study through KBKG. I was able to break out my depreciation based on the 5/1...
Luke Carl
How Time Consuming Are Vacation Rentals?
I get asked this question daily, and now with the help of ScreenTime on my iPhone I have an (almost) perfect answer. In the past 7 days I’ve spent exactly 3 hours on my 5 properties via the apps on my phone. This was ...
Chris Heeren
Tenant smoking and disrupting neighbors - what can I do?
I bought a Triplex with an upper and 2 lower units early this year. Currently the upper tenant is enraged that his apartment constantly smells like pot. He has called the police and has messaged me many times that thi...
Account Closed
Mortgage Underwater $30k After Almost 10 Years of Ownership!?
Hello BiggerPockets Community!I really need some advice on whether to hold or sell my rental property. Here are the details.In 2011 I bought my first home, a 1 bed + den, 1 bath condo for $227 000. I paid way too much...
Sterling Fields
Cold Calling Off Market Absentee Owners
Hello all, I have read many discussions on cold calling/direct mailing absentee owners. Before I begin this process however, I am interested to know how things progress if you actually get someone who is willing to en...
Bienes Raices
Sewer line inspections
Has anyone paid someone to come do one of these during their inspection period? My offer was accepted on a short sale where the seller and his friend apparently put in a new sewer line on their own (not sure what the ...
Tony Schober
Pics of a $25k SFH rental purchase?
Great site. I have been reading through all the past posts, and have noticed that many of you like lower priced housing to use as cash flow properties. I am having a hard time wrapping my head around this $25k figure ...
Sara C.
Flip house not selling
Hi, guys…trying to stay calm over here :) My flip has now been on the market for a month in a seller's market in Atlanta and showings have slowed waaay down. Click here for the listing, w/ address, pics. (fyi sq foot...
Account Closed
How can a landlord protect himself against the bad apples
Hi guys. I'm close to having my condo ready for renting. I have to go year by year by the by-laws. I'm putting in a lot of effort into making this property respectable. My question is, how far can I go in the leas...
Nathan Patterson
Finally Did It; Purchased First Rental Duplex.
Well this was a long time coming, but I finally did it. In October of 2023 I was able to close on my first property. I will include numbers below. What happened after that....an immediate eviction. Luckily it wasn...