While discussing multifamily investing, the question was asked what are the most important issues when doing due diligence. When we analyze potential deals we look at:
*Last 3 yrs financial statements, occupancy, con...
Good evening,I am getting ready to list a new property on AirBnb/VRBO and I am wondering what the best way to handle Hotel/Motel and Sales Tax. Since this is Georgia, I have confirmed that AirBnb will NOT automatical...
I have a very simple case where I have rental property that I have owned for several years. each year I have submitted a very simple 4562 that shows an entry in PART III line 17 for MACRS deductions for prior assets...
Hello, BP community!I'm starting my journey in the world of fix and flips. This would be my first investment property and I'd appreciate your input on this potential opportunity.I received the home evaluation report f...
We are receiving threats and demands from tenants who recently vacated.Our tenants, who you know were a total nightmare if you're following my other posts, finally embraced the happy clause and are out half way throug...
How do you know if a rental property will make enough cash flow before you buy? Budgeting is KEY. When breaking down a deal, it’s critical that you account for the costs of all capital expenditures (CapEx), maintenanc...
What 1 item determines the value of a rental property?
My dad (retired) has a rental property with a tenant that has been problematic over the years. Here are the facts:The tenant leaves (more like litters) personal items like toys for her kids, bicycles, and others in th...
What are key items to pay close attention to when purchasing a mobile home already in a park Owned by someone else? Lot rent must be paid. I have plans to rent it out. Going to look at soon. I have to put a little ...