Hi BP community! I just talked to a financial planner/CPA and she said that depreciation of a rental property can not be written off as a deduction if your household income exceeds 150K. I could not find any proof of ...

I was wondering is it better to hire a property management company or should I do it myself? How do you find good companies? What questions should I ask, and what things should I look out for? Do you know any great p...

This list could probably be fifty bullet points long and still not enough, but here are some tips, honest mistakes and things I wish someone had told me, or they told me and I didn't hear what they were saying. These ...

When I was a young boy I was in awe of millionaires.  I never fathomed becoming one.  I became a millionaire (by net worth) five years ago at the age of 40.  After becoming a millionaire, I became somewhat disappointe...

hey guys i wanted to give you my scenario and get some feed back ....  first off our goal is to accumulate cashflowing sfhs and 2 units.   we have a good income property now and have been renting a place to live...  o...

Hello everyone,

I am a real estate consultant located in Fort Lauderdale FL. I have extensive real estate experience as having been a realtor in NY for many years.

I recently moved to Florida to take advantage of t...

Tentant was late on rent (last month of lease) sent a 3 day notice to pay rent or vacate. I received a letter from her during that time (she moved out 8 days before the end of lease)  with the house keys, garage opene...

Hi Everyone -I've been calculating ARV for quite some time and wanted to get the community's perspective on it. Specifically:If you don't find true comps (similar house with similar beds, bath, SF etc. etc.) do you st...

Hi BP community,Just curious what you think about these estimates. Rent of 865 is based on a current tenant so that isn't an assumption, but curious if you would tweak anything. I'm getting some more info on what spec...