Karen Young
Basis of depreciation calculation - sale price? tax assessment?
Good morning everyone!Let me thank you in advance for taking the time to help us newbies!Question: to calculate depreciation, what price do you use? the county tax assessment, the sale price, or the appraisal price?2n...
Andrew Strauss
Should I rehab one of the duplex’s even if it cash flowing now?
Hey BP team,I have this situation where the property I have in LA county has 1 duplex with the ability to add an ADU as well. Both units are rented bring a little cash flow $50 a month. The one home is 1929 it as te...
Kyle Curtin
Quick Tip For Increasing Rents For Your Buy and Holds!
Hi everyone!, I just wanted to make a quick post to help out investors when it comes to raising rents in your buy and hold properties!Something to keep in mind when leases/TAW agreements are soon to end an...
Michael Mackney
Funding rehab of my first property
Hey guys, I purchased my first property, a duplex, back in early April. At that time the property did not need any huge rehab needs, more cosmetic stuff later on. So I fixed immediate concerns such as a leaky toilet, ...
Sam Abe
Mold caused by tenants
We have squatters in our house. They are reporting mold issues after squatting the house due to covid for over a year. For the past year they lived they never reported anything to the extent that due to fear of evicti...
Bryant Sala
How to go from House Hack #1 to House Hack #2
Hey there! My wife and I got into our first house hack last year, a duplex in Cincinnati. We're trying to decide how to logistically go from this first one, to the next duplex/fourplex. We want to refi out of FHA and ...
Sean Bramble
Seller psychology/ offer strategy
I’ve heard David mention tidbits here and there about how experienced agents will approach the offer process in different ways than less experienced agents. Seems he’s really just saying there are ways to create psych...
Michael H.
Buying another primary residence after 8 months
Hi all,
I purchased a duplex 8 months ago with 5% down primary resident conventional financing. Property is in Dallas. Purchase price was $500k. I rent one side and intend to rent my side when I move out.
Today, I ...
Rich Hupper
The Flipper travel hacker credit card
Id love to hear from some people who flip houses and love to travel what is the best credit earn miles, from stock you buy for your flips? All of my flip money is private money so I write a check whenever I need it. I...
Dennis O'Loughlin
Typical Management Fees
Good evening y'all! My wife and I recently bought our first rental property with a good potential ROI calculation. We met with a potential property manager this afternoon and we were a little surprised by the amount...