Shal Patel
Tenant moved in and next day want out.
Bought house a month ago. I had first tenant and they moved in. AC was old and was under performing just in the afternoon only. I m putting new AC next day. They want to be out next day. They had issue earlier to mov...
Mo Karim
Cost Seg Study/Accelerated Depreciation
Hi all,
I wanted get some opinion from BP nation on a property I bought in Jan this year to see if it makes sense to do a cost segregation study and accelerate depreciation on it. Here are the numbers:
315k - land v...
Nathan Gesner
Trump tax returns released -what do they show?
NO POLITICAL STATEMENTS!President Trump's tax returns were subpoenad and then released to the public. What do they show? According to the LA Times, Trump is a "real big loser" because his properties all show losses an...
Janani Kalpathi
Preference in Tenant Professions
In your experience as a landlord, is there a particular profession that stands out among all your tenants as commonly occurring? Has a particular profession (ex: nurses) resulted in prompt payments and less vacancy ra...
Daniel Madhavapallil
House Hacking and Tax Strategies
Hi! My family and I are about to move in to a house hack! It is a 4-Unit property where we are living in one unit and renting out the other three. We were able to get into it with a 5% down primary residence loan. I’v...
Nataly Llanes
The Bookeeping World
As new investors my husband and I are learning as much as we can get our hands on before taking the plunge into our first rental, hopefully beginning of next year. As we build our team, business plan, and or...
Deborah Fung
Want to invest on rental but is afraid
I am a widow with two kids in college and one in high school. My husband just passed away 6 months ago, and I am currently a bible college student. I have two properties worth $800K paid off. Currently on SSI with $35...
Jeff S.
Delaware Statutory Trusts-Problems?
Talking with an investor who is in our group that sold 3 triplexes and invested $850k into a DST as part of her retirement plan. She invested in multiple apartment houses. One of the apartments started with 200k in re...
Sean Beyrouthy
Homeowners Insurance, Landlord Insurance, Umbrella Policy
Hey everyone! I am closing on my first rental property with some partners at the end of the month and are currently shopping around for insurance. We plan to obtain homeowners insurance (obviously), landlord insurance...
Brian Campbell
Insurance Question
I have 5 rental properties and 6 houses I've sold on contract. My insurance guy has talked me into carrying replacement value insurance. Most of my monthly ins. cost average to be around $45-$50/month for most prop...