Hi,I have a tax related question on the rental properties. I read that rental property purchase value will be depreciated to 0 over the course of 27.5 years and that depreciation can be tax deducted every single year ...

First time working with a contractor here. Does anyone have an example of what a contract should look like and the details in the scope of work? I'm wondering how much specifics I need to include for each line item. 

I just had to share a lesson we learned to hopefully help others be aware that this does happen and the solution is EASY. Recently we realized not all buyers are flexible as most regular human beings that were hugged ...

Hi Everyone!I recently just finished my first rehab and boy..it was a complete nightmare! My contractor was extremely dishonest and when we did catch him stealing, he would gaslight us and flip it back on us, threaten...

Good evening,I'm looking for assistance, either in this group or a reference contact, to help review an MF development cost proforma and provide feedback. My goal is to confirm specific items in the construction costs...

Hello!  We made an offer on a home and the home inspection came back with some issues around some minimal rot on the exterior and some issues with the deck.   What has been your best strategy on countering after your ...

After 5 years+ my tenants have given their 30-day Notice.  They have had items stored outside under a patio the entire time.  I am concerned that they may leave these items behind for me to deal with.   Is there any p...

Hello BPs,I read an interesting article for pest control - and it come to my mind -  how many of you have a pest control service maintenance as a yearly line item maintenance on your rental properties? If you have a S...

Hello I have a house that I took a licensed contractor to so that I could receive a bid. The contractor text me later after our visit  that his repair estimate is 69K. I thought that was a little high and said I need ...

I am looking for some insight into how others are tracking their finances for doing multiple flips. We are currently using a custom-built system to track receipts and expenses by property, but are considering switchin...