Matt John
Rehab costs - add to basis or take loss that year?
When you purchase a property and immediately rehab before renting out, do you add the cost of the rehab to your basis of the property, or do you take a loss that year? Does it make a difference if you have a bunch of ...
Nick Cooper
Conventional loan says I must occupy the home for 1 year.
I just closed today on my first property. We done a conventional 30 year loan and at closing there was a paper I had to sign that said I must have the home as my primary residence for 1 year. My wife and I are thinkin...
Christine Cho
Airbnb guest alteration request to checkout earlier during stay
I’ve been hosting for three years and recently encountered an issue I hadn’t faced before: an alteration request to check out earlier during a stay. In hindsight, I could have communicated better, so I’m sharing my ex...
Rachael Agruso
What would you do or have done differently?
Hi Everyone - looking for some advice. Background - tenant is on Month to Month lease. His lease states he has to give me 30 days notice. He has a security deposit equal to one month's rent.
Long story short, I texte...
Blake Hernandez
Becoming a realtor (Houston area)
I am considering making a career change and am looking for advice. I have been working in chemical plants (project scheduler / "excel guy") for a few years but the uncertainty and constant relocating can be draining....
Jingru Sui
Help! Online Notary Questons
Hi Biggerpocket!
I have an out of state investor reside in CA now have a property might very likely get under contract. I'm in Atlanta and the property is in Atlanta GA as well. He just expressed he doesn't want to m...
Dewain J.
Unauthorized Tenant...
So I have a tenant who just moved out, but left her sister and husband behind in the property. Apparently they have been staying there for a couple months now. I found out because a tenant below alerted me to the fact...
Andrea Cole
How are you handling Coronavirus cancellations?
We have a Strict cancellation policy but guests are asking for full refunds due to events that are cancelled in the area. We are not in a region of the US that Airbnb recognizes in the extenuating circumstance guideli...
Dave Lawrence
Financing question on MF deal
OK so here's my situation. I did a cash-out refi on a property 2 mos ago, took out $100K, then went house shopping in another state.I found a 3-property deal down south in a growing market. List is $145K for two duple...
Art Albegov
Permitting... Yes? Or no?
Hello awesome BiggerPocketers,
I'm pretty new to real estate, and I just purchased my first property in the San Bernardino, CA area. I might've bitten off more than I can chew, and wanted to see what you guys think a...