Hey Guys!So i was using an excel spreadsheet to analyze a property that I may purchase this Fall. However, I noticed there was a cell labeled "depreciation" which always comes out as a loss. I tried to research what t...

Hi All,I am a rookie looking to purchase my first house hack. I found a 1940s duplex that I love the numbers of. However, I know foundational issues are key to check out before purchasing. Here you see some brick of t...

Hi all,I recently got my first deal under contract, it is a SFR in St. Louis that will be held as a rental producing positive cash flow.  I was wondering what some of the tax deductions I will be able to take are.  I ...

My tenant messaged me this morning stating she locked herself out of her bedroom. I previously lived in this property and never locked myself out of my room so I never looked nor do I even know if I have a key for the...

The tenant who recently vacated this unit claims that he left the unit in "broom clean" condition. He's been calling the office harrassing my staff about getting his security deposit back. Lol, sorry my man it doesn't...

I know the building is old but it has a nice CoC.I am asking my realtor to get the maintenance/repair records to see what has been done in the past.This will be an OOS investment and my first investment. My realtor wa...

We're getting ready to open our first STR that is a cabin in the mountains by the river.  It has a hot tub on site, but it's currently drained.  It sits on a little patio in the yard, not under a roof.  This time of y...

For those who buy and hold - how do you decide when to fold (sell)?

Here's the situation: Bought several OOS properties starting 2.5 years ago. We "chose" this location because my husband was assigned there for wor...

Not sure if this is right thread to post this question. Let me know if that is not.This questions is related to residential property in california.  As per California laws, seller has to disclose any known material de...

I bought a three family property almost exactly a year ago and the three gas boilers are about 15 years old. I live in one of the units and had to replace the water heater for my unit in July. Now the first floor tena...