Hello BP,I own a condo on the bottom floor of a two-story building. I have a tenant who has lived in the property since September of this year and has a lease set to expire in March of this year. Unfortunately, there ...

Newbie question. Can someone explain how multifamily properties are appraised? Let's say for example, a property is a duplex with 2bd/1ba in each unit and there were no duplexes sold in that area in the past year. How...

Hello,One of my single family rentals that is outside of Atlanta, was heavily damage in a fire and most likely would require a full rebuild.  If anyone has experience with this, especially in dealing with insurance, I...

We are waiting for an appraisal on a house we have for sale and under contract.  I am afraid the appraisal might come in below our contract price.  This is because it's already happened with a previous buyer.  That co...

Hi Everybody,I am looking to hear thoughts on these hard money lending numbers. I'm located in the Midwest, but would also be interested in hearing numbers for other regions as well.All of the below products have a ma...

I remember reading that you could either depreciation from the sales price or the current market value if it has been a personal for awhile. Does anyone know what pub or the irs link?

Good day experts. I am trying to understand the tax laws and determine my tax liability for  rental property that I have sold. The uniqueness of this transaction is in the fact that the property suffered a fire, and I...

Hi all.  So I am one of those folks who missed taking depreciation on my rental, but it's been 14 years. Now that I'm selling the property, I found this mistake.  I'm filing for 3115 to claim the missed depreciation (...

So I have an Agent I've been working with to run comps for me, interesting thing is her comps frequently put the property 20-30k above my ARV's everytime, just like wholesalers I see out there who are trying to missle...

This is something that no one wants to go through unless absolutely necessary. Having gone through an insurance claim once, I’ve learned so much about insurance, about rental properties, and anything in between and I ...