I have a couple of short term rentals, definitely under 7 days average rental period. When I bought them several years ago, I started off depreciating them over 27.5 years, but after reading much conflicting informati...
Hello everyone. Hope all is well.I have 3 adults listed on a lease. When I leased to them we agreed that 1 person would be the main point of contact. One of the tenants has a car parked in the driveway at perpendicul...
Ok, I first have to say how thankful I am of BiggerPockets and these forums in particular. Thank you!Now onto the meaty stuff. I currently own a duplex that is cash flowing like beast. I have roughly $160k in equity. ...
Hello!I am looking to purchase my first commercial multi family property by 2nd quarter of next year. I am looking for smaller deals in the 8-20 units area. I am in the process of market analysis and seeing compressed...
Just closed my first deal last Friday. It's a single-family home that was a Fannie Mae property in near move in condition. The property was listed initially at 109,000 and over the course of (3) months it dropped to 9...
We're looking to convert our current home into a rental with the option to purchase.
Would anyone happen to have any thoughts, tips, recommendations on structuring a lease option? I've heard of a seller acknowledgeme...
Hi guys, I'm trying to purchase a property in Pennsylvania. The seller is asking me if i wanna record the deed myself if they assign via quitclaim deed. should I be doing this?
Hello all, I am at a loss on what to do next. I am fixing to close on a fourplex in the next couple of days. However, I just received the current Lease agreements of the tenants and 1 tenant doesn't pay what ...
I need to repair the flooring in one of my apartments, who generally pays for the furniture to be moved? They have some very heavy bookshelves and China cabinet in the room that needs repair. Is that generally conside...
Hi all,
It hasn't even been a week since I moved to my house that was built in 2007 and I am having a gas leakage issue. The gas company has completely shut off the gas as of today. They are saying there is leak on ...