I have a tenant in one of my $500/month 1 bedroom apartments that I recently gave a 3 day notice to. Normally she would have gotten it much earlier in the month but she told me at the beginning of the month that she ...
I was an investor in New Jersey, slowly building a small rental portfolio. I had flipped a house and a wholesale deal, and owned three rental properties. I had some ambitiously huge real estate goals, and buying one r...
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Hey everyone. Just wanted to share my success. It is a 32 unit apartment located in Dallas. It was built in 1983 and features 14 one bedrooms and 18 two bedrooms. The kicker about this property is that each apa...
I'm look for answers to my question both on a specific situation (which I'll describe) and as a general overview.This is my first rental. Tenants moved in a month ago. Summer is in full swing now and in my location it...
My wife and I have been analyzing wholesale deals we come across for almost a year, but the numbers never work out. We wanted to start doing quick flips, just in case the market took a dip. Our current project in Phoe...
Hi All, I am planning to invest in Bakersfield, CA and looking to build a local team. Can you please recommend Property Managers in the Bakersfield Area. Thanks!
One of my rental properties in Kansas City is managed by a property manager. My recent monthly owner statement included a $443 charge for replacing a kitchen faucet. Seemed excessive to me so I got a breakdown of th...
I made a $60K offer on a property listed for $78K. The listing broker refused to send the contract to the seller. When I had my agent insist that the offer be forwarded the listing broker forwarded but only after ...
(I'm kind of copying @joederobertis' other post asking for predictions about beachcities poised to boom.)Since so many neighborhoods in LA have been gentrifying recently into "cool yuppy/hipster" areas. Heck even San...