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Hi all,I'm hoping you can give me some feedback on a deal I'm currently underwriting. The property is an early 1900's duplex (one up/one down) in Mount Vernon, WA, within walking distance of the very popular Co-Op an...
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Hi all,I wanted to know your guys thoughts. If you were laid off from your w2, but you had a drive to do something with real estate and work for yourself, would you get back into the job force that's just any job to s...
I have laid out my due diligence process. I know I could do better. Please criticize and critique. I have included a few questions. I appreciate your help on this:
First, I research the zip code and neighborh...
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I'm seeking clarification on activation of suspended passive losses upon sale of rental property. Let's use the scenario where my suspended PAL exceeds capital gains upon asset disposition. Does the total suspended P...
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I'm still tracking to forecast how the IoT will benefit landlords. Some newer thinking suggests a world of interconnected sensors will transition us away from viewing of our rentals as products and more towards housin...
I am a 64-year-old landlord with 2 condos adjacent to a medical school in suburban New Jersey. For 30 years it’s been a never-ending supply of tenants who are almost never home and always pay on time.
Why would I wa...
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Good afternoon, fellow BP'ers!My wife and I have lived in the area for a year now and I have interested in purchasing property due to two factors - 1) Dartmouth College next town over and 2) Dartmouth Medical Center j...
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Can I use a 1031 Exchange to buy another house, then "put it in service as a rental" for a short period of time of 6 to 12 months. After renting it for 6-12 months, then evict the tenants and move in as my new princip...
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What type of policy do you all use for a rental property? Replacement cost or actual cash value? And why?
Also, how much do you pay monthly for insurance (I'm in Indiana)?