Travis Russell
Rehab Budgeting in Chicago! Compiling Actual Costs/Guidelines
Getting started, there are always so many questions! I tried to find a list of "estimated" costs for standard rehab projects but I haven't found anything that is very comprehensive. What I'm hoping to create is a...
Account Closed
Condo in Corpus Christi, TX Near Gulf for $119K
I am thinking about purchasing a condo in Corpus. I have heard that these are netting $22K per year. Rates are $1,100 per month for the Winter Texans and $185 per night during the summer and spring. Would 50% apply? I...
Hamilton Yu
Haven't been claiming depreciation
What can I do if I did not claim depreciation on some years of my rental property ownership?Is there ever any benefit to not claiming depreciation?If I plan to own a property very long term, would it be more beneficia...
Dan Curry
Loan Qual. - Seasonal Rental Income
Hi All,In looking to do some research I've looked at my options for some future deals and am curious on whether or not my thought process is accurate/some open questions. I've done a good amount of research of the top...
Kurt Z.
Closed my deal and first tenant notice next day
Hi everyone. Well I closed on my property and the next day I received my first move out notice. I welcomed it since the in-place rent was $500 below market rent. Now I am in the process of marketing the unit and leasi...
Mike S
How to use expense side of 50% rule
Just getting started and I'm trying to figure out how to run the finances and accounting for rentals that I plan to buy.
Do you run the expense portion as a total fund or more like a line item budget? Take maintenanc...
Chris Turner
How can I help this lady?
Looking for some advice. I am speaking with a woman about purchasing her rental property (sfr). Problem is the tenant has not payed rent in over a year. Owners husband is terminally ill and she can not leave his si...
Dan Miklosz
Where in Milwaukee?
I'm thinking about looking into Milwaukee as a place to start investing later this year. Anyone have any experience in the market?
Eric Fernwood
January Las Vegas Rental Market Update
It’s January, and it's time for another Las Vegas update. For a comprehensive view of the Las Vegas investment market, message me for my blog link. It contains more detailed information on investing insights, analytic...
Eric Fernwood
December Las Vegas Rental Market Update
It’s December, and it's time for another Las Vegas update. For a comprehensive view of the Las Vegas investment market, message me for my blog link. It contains more detailed information on investing insights, analyti...