I know that a lot of investors don't bother to repair a lot of the problems found in an inspection report. But how do you choose what to address and what not to? As a buy and hold investor, my instinct is to address a...
I have a 7 unit property which we have a held in LLC and mortgage is also in LLC. In getting ready to get our taxes done I reached out to the bank about not receiving anything for what was paid in interest. They tol...
Your input is valuable: How do you want your Cost Seg study prepared?For context, let's cover some Cost Segregation fundamentals, and explain the interaction between Land Value and Cost Segregation:Cost Segregation is...
We just got our inspection report back on our first turnkey rental. Here are the big ticket items on the report:Collapsed Main Sewer LineDamaged Sub Floor in a BathroomSistered Joists not securedElectrical system rais...
Hello Everyone,I am just about ready to start looking for tenants for my first rental property. I know in the US Cozy.com is a really popular tool to use for ease of tenant credit reports. It allows you to get the app...
Has anyone taken a deep dive into the neighborhood statistics report recently published by the Baltimore Neighborhoods Indicator Alliance. 2015 data and some nice interactive charts you can use to compare neighbor...
Hey BP,A new member of our local REIA recently asked if any members were willing to share their Property Inspecction Walk Through Report. Unfortunately no one bit at the opportunity. I feel like this newbie has a to...
The February 2023 market numbers are out from the Austin Board of Realtors (ABoR). Last month, the median home in Austin sold for $530,000, which is down 6% YOY. However, the greater metro had a more considerable YOY ...
Hi, this is the first year I’ve processed security deposits through apartment.com and I see that they’ve included security deposits on my 10-99k as income. I set the payments up as “deposits” in apartments.com so I’m...
A tenant damaged the house she rents from me. Her insurance paid $15k to me via a check. My repair cost was that much plus some more. For tax purposes, it appears I report the insurance payment as some kind of inco...