I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...
So, just to be as detailed as possible, we found a 5 bedroom, 2 bathroom house for rent. $1,300 a month and $1,300 deposit. When we contacted the lady who was renting the house, all seemed great. She seemed very nice ...
We have been looking to buy a rental property in Long Beach despite the negative cash flow and high prices. (I know, we kinda have to) and our budget is around 280k-330k. What I have noticed is that the inventory is e...
I'm really on the wall about this one, because lots of people smoke (eww... absolutely hate it...), and lots of people have pets and refuse to separate from them. And I think not allowing those 2 might narrow my poten...
I have been investing in real estate for over 20 years, but have no experience in short term rentals like Airbnb. I was hoping some of you could give me some things to consider as I try to decide to LTR or STR. I live...
Good morning BP! I wanna talk BRRRR. I understand the basic premise of what brrrr is and how powerful of a strategy it is to use in real estate. I also realize that over paying for a property or over estimating the AR...
I took the 18 page report released by Trump's committee yesterday and summarized it below.
I hope we can all see the light at the end of the tunnel. It’s not going to be as easy as turning the light switch ba...
Hey everyone! So for those of you who’ve followed my previous post on getting my first rental property via seller finance, I wanted to follow up and get some insight on some of the terms we’ve agreed upon and accepted...
I got a newbie question.
If Property Management Company can pick the right property, take care of it and tenants, and everything related to the property for ~10% fee, then why doesn't everyone do it?
Maybe many peo...