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Results (1201)
David Cherkowsky Do I need a partnership LLC to depreciate and write off expenses on a rental property
17 November 2024 | 30 replies

I purchased a rental property earlier this year, and it will be my first year not taking the standard deduction. I met with a tax professional I found through BP, and in our planning call, she mentioned that if you ar...

Cameron Riley LANDLORDS!!! - How to Handle The security deposit?
11 April 2019 | 67 replies

- How do you handle your security deposit? Do you use it for fixing the damages during the tenants stay? - When the tenant leaves and demands security deposit back, how do you handle this? - In PA, I can hold for up t...

Kyle Carpenter First time investor. Is this a good deal?
5 October 2016 | 20 replies

hello all,I'm from southeast iowa and I was hoping to run some numbers in front of all the investors on BP!I'll get right to it. The house I am looking at buying is a 1200 sq ft house with 2 bedrooms, 2 bathrooms, and...

Blake Brose Vacation Rentals, Airbnb, VRBO, or something more?
7 December 2016 | 8 replies

Vacation Rentals have been around for decades now. It has just been since 2008 that they have really started to gain media exposure because of Airbnb. My colleagues and I have seen a shift that is already happening in...

Jeromy Jordan would you buy a duplex from a slumlord?
2 November 2020 | 27 replies

Hi BP Community,I think I found a good duplex to purchase for house hacking that works number wise.  This will be my first investment so I am trying to make sure it goes well to set me up for future investments.  I di...

Jonathan West Columbus OH 40-unit turnaround: opinions needed
23 December 2016 | 10 replies

Hello BiggerPockets community.  Thanks in advance for your time.I’m looking for some expert advice as my wife and I navigate the turnaround of a 20-duplex (40 door) Class C Columbus neighborhood. We’ve been strugglin...

Bill Gulley Detroit, bankruptcy, any silver lining?
1 August 2013 | 18 replies

Any silver lining there. 100,000 creditors. 78,000 homes empty, population 700,000, down 1,300,000 from the glory days. 40% of the street lights are out, half the parks closed and over 100 schools closed. Highest crim...

Jay Flaggs Your Opinions On Landlord/Tenant Responsibilities
15 February 2022 | 15 replies

Hello BP Community,
I have a rental property in California and have some questions about how other investors approach landlord/tenant responsibilities. I tend to lean towards making things as easy as possible for the...

Scott Rist What types of properties do you WALK away from and why?
4 December 2015 | 20 replies

I posted the other day about creating a more defined criteria for my flipping purchases.  I'm moving my business to a more metro area early next year and am trying to define my criteria better.  Where I am now is rura...