Michelle Caines
Property values depreciate??
Hi BP,I've been looking at potential rental properties with no particular location in mind and came across homes in Danbury CT. According to Zillow, a great amount of homes here that are in the $200-300k price range h...
Lora H.
Tenant is demanding I test for asbestos - Denver, CO
Hi BP friends! I've got a tenant that is asking/demanding that I test for asbestos in my SFH rental. This home was built in 1951, I bought in 2012; no basement - it's on concrete slab. It was a fix and flip when I ...
Bilson Wallace
In need of partnership/ mentorship
Hello,
I’m currently Active Duty Army stationed here in Fayetteville, NC. I have 1 long term rental and is very eager to continue my investment journey. I’ve done some research on my but is lacking the experience wh...
Sterling White
Are investors made or born?
I would like to hear others input on this matter. Do you believe being an investor is a either you have it or don't have it skill?
Amit M.
Deferred Sales Trust into a future 1031 exchange
Hi all. Someone with a dozen highly appreciated homes and condos that wants to sell them all off and roll it into a large NNN commercial property, has the challenge of timing, as its hard to sell 12 properties at one ...
Christopher Olsen
NNN Commercial vs Multi Family
Like the post says whats everyones opinion on NNN Commercial properties vs Multi Family. Do a lot of you have a mix in your portfolio. I feel like the big pros to NNN is very limited landlord responsibilities compare...
Mike D.
Techniques to report Capital Improvements as Repairs
I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...
Account Closed
Are You "Recession Proof"?
I was recently having a conversation with a friend and we were talking about rental properties. Friend is an accountant with some rentals of his own, and his brother has various rentals throughout the country. He as...
Amber Masterson
My PM wants me to pay for the entire work bid before the work is done. What do I do?
One of my units needs to be repainted and have some updating done in the kitchen and bathroom. My PM has a rehab company that can do the work. I've looked over the bid and the pricing is ok. The problem is, he said "l...
Mike Dawson
First Time STR Buyer Questions
Hi everyone! Long term lurker first time poster. We are ready to buy an STR in Myrtle and every time we find a place we run into some hidden fee that hikes the price up. For Example, we realize condos have high HOA...