Hey Guys, Just a question, would you pull a permit for a basement remodeling project? here is the back story. I am looking to remodel an entire basement, with the help of a neighbor, who works as a contractor, and has...
Hey BP Mobile Home Investors,I found a good deal on mobile home that's in a 55+ community. Do I need to get permission from the community manager in order to buy AND SELL the property? Thanks!Jordan
Hey Bigger Pockets! Throughout this “quarantine” period since April, I’ve been spending time at home with myself and my mind and that led me to finding out what I love to do, my weaknesses, and mental limitations. I’v...
I have the occasion of purchasing a multi unit at the beach, it is 3 unit with 1 bedroom and 1 bath each and an "owner" apartment with 3-4 bedrooms on one level with water views.the rentals are $ 650 x2 and 1 x $700.o...
SEPTEMBER IS NATIONAL REALTOR SAFETY MONTH! As real estate agents, we embark on numerous journeys to meet clients. It is extremely important that you return home safely each and every night from the field. So how c...
Hi everyone!So I’ve prepared to rent our first purchase for October 1st. I’ve gotten a few applications, one of which were two college students. Had a pre-screening phone chat with them and they seem to have a good he...
Hi all. I had aspirations to be a bit more present on the forums now that my summer has opened up, but haven't been very good with the follow through of late. As it happens I came up with a question that may be a good...
Hello. This is my first post on BP, and I have a couple questions for anyone who's a CPA, or has had a similar experience. I just sold my primary residence, I used the profits to pay all my credit card and other debt ...
Hi all,
I have bought my first investment property last year with OPM, yay. It cash flows, but it has been a very rocky start for me as I had no clue what I was doing even after reading through the books/articles/for...
I’m confused, if a depreciating asset wears out early. Carpet is depreciated over a five-year period, what happens if your tenant destroys it in year two? Do you take the rest of the value of the carpet and depreciate...