Levi McDaniel
Buying a rental on leased land
Looking at the MLS today and found a low priced house on a Indian reservation. Basically you get a 20 year lease but buy the structure. It’s not far off the main freeway. Thoughts as far as buying as a rental??? Inter...
Logan Rhea
Thoughts if this property flip Scope of work is too low
View reportI'm looking to pitch this to an investor who wants to flip this house in Nashville, TN. Below is my estimated scope of work and timeline. Any experienced flippers or investors opinion's would be greatly app...
Doug S.
Kitchen Remodeling Help
Hello,
Just bought a condo that needs to be updated. I currently live in it but don't plan on staying longer than a year. Afterwards, I plan on renting it out. This is my first property that I will remodel and kno...
Mike Gordon
Curtains or Blinds in a new rental?
Do you put curtain rods or blinds in a new rental? I have another LTR coming on line soon and I think I’m going to install curtain rods and let the tenant buy or choose curtains.I have blinds in other rentals and they...
NA Jones
Lesser of the two evils..
Alright landlords, in your professional opinion.Which would you rather deal with - longer vacancy periods or higher tenant turnover? By that I mean - Property A sits vacant for 6-9 months, then gets a tenant for 3 ye...
Louis Collins
Micro Town Investing/ Do Tiny towns=Large Opportunities? Pop.500
Hello everyone,I will start by saying that I am a brand new investor. I have one property with two houses on it I decide to live in one and rent the other(house hacking as I've heard it called), this put me on to the ...
Bunti Papu
Request advice on short term rentals
I have been an landlord for 6 years and own 6 properties. All of my tenants are long term tenants and my property is managed by a property management company. So all the rental income is passive for tax purposes. I al...
Manco Snead
Problems with OOS Property Tenants
Greetings,Looking for thoughts on the following scenario. My first OOS duplex, owned for one year.Side by side, 1976, clean neighborhood, nice backyardsPurchase price: $200KTotal rent/month: $2000Mortgage: $1000 Rate...
Ralph Miller
$3500 to install 430ft2 of floating vinyl flooring worth it?
I have an apartment that is 1092ft2 2bd/1ba.Rent is $600/month. Currently have a tenant until June 2021.I was planning to take out the carpet and install adhesive vinyl flooring.The flooring company I usually used qu...
Michael Sylver
Bonus Depreciation 2023 STR
I've been reading threads... but getting confused. As a high W2 earner I am looking to apply the bonus depreciation in 2023 (my spouse will meet the 100 hour requirement). I'm considering buying 1 STR and 1 LTR. Th...