I’m confused, if a depreciating asset wears out early. Carpet is depreciated over a five-year period, what happens if your tenant destroys it in year two? Do you take the rest of the value of the carpet and depreciate...
I bought a duplex in a good neighborhood for a Fair price. The only problem is, it came with a horrible tennant in one unit!!!!! He's disturbing the neighbors at night and when I asked him to please stop, he became m...
I have my first tenant. Her pet is a service animal. How do you handle pet deposits for service animals?
I have been a full time realtor since 2003. I am the youngest of 4 children. My dad recently passed away, leaving my oldest brother as the executor of the will. My dad still lived in the home that I grew up in and ...
While I was watching "Seattle is Dying" I notice San Antonio rank 3rd after San Francisco and Seattle. Quite surprised. I thought we are a safe city.
I just showed up to my rental property after 3-4 months and found my outdoor pizza oven smashed. It was handmade by the previous owner and I have no idea of it's value besides the fact that it was a gorgeous quirk tha...
Hi All,
I have located a property that presents a very strong CoC ROI of 19.46% using a 17% vacancy rate, and a very high CapEx amount. The property was built in 1950 and is a total of 5 units being rented out curren...
Can realtors/agents/managers share or show a tenant's credit report with the homeowner or landlord who has his/her house for sale?
Hi folks,As there's a proposal from Fed to increase the interest rate 4 times in 2022, what is your take on real estate investing? If you have the capital for downpayment and you have +ve cash flow, would you continue...
Hey BP,Background:- I purchased my first home, a two bedroom two bathroom condo, for $72,500 back in 2007 (Before BiggerPockets) with the idea of renting it out in future for rental income. Because of the housing cris...