I am in the process of looking at a deal on a multifamily in NYC outside Manhattan.  It is a three family home my question is should I bypass this home if the tenants do not pay their own seprate utilities.  The home ...

I'm wondering if a non-owner occupied short term rental (Air BnB) should have a depreciation term of 27.5 years  (residential rental building) or 39 years (commercial rental)? I own 2 small single family homes which a...

Hey hey hey BiggerPocketeers!!!Have you heard that we're hosting ANOTHER BiggerPockets Conference?The first one was such a hit, we're doing it again in New Orleans! Join us October 4-5, 2021. You’ll hear from some of ...

i have a rental property at Murrieta, CA sitting in the market for 2 months, the condition is good and the rental price is at the lowest for 4 rooms house. Have requested my PM to host an open house but they do not of...

Hello BP familyNeed your advice...So 2 weeks ago I took the plunge and started my first direct mail campaign in Phoenix. I've networked with a few investors in town and pretty much explained to them I would be there b...

Ok folks, here is the story. I have a friend who is a mortgage banker/broker and I went and got pre-qualified with him. I completely trust that he would do a stellar job executing quickly, making listing agents confid...

Hey BP,I've been thinking recently on a topic that surprised me when I realized I had kind of thought this way my whole life and that is - going across the river to Illinois.To be more specific, I grew up in O'Fallon....

First, let me introduce myself. My name is Bryan Swallow, I am in the disaster restoration industry as a damage mitigator, as well as an instructor. Over the years I've worked on hundreds of projects, from small damag...

Hello! I'm new here and just starting my biz with my husband. Did you start an LLC, S Corp, C Corp, or Partnership? Our Accountant suggested that we do a partnership but I've read that a C Corp is best. We are going t...

The tenant leaving early says he's the one who paid the deposit. He's wondering when he'll get it back (he knows it is dependent on damages clean up etc). I told him not until after the lease is over, and if the lease...