I asked a similar question earlier today about putting a rental property in service and deducting the costs of the rehab on Schedule E. Okay, looks like I can't deduct the make ready costs and I can tally the improvem...

We bought this little 2 bedroom 1 bath cottage in Elkton, Maryland for $45K in 2018. It was in need of a complete rehab and we put another $80K into it before renting it to a nice young lady in January 2019. After...

Fancy!Plan 2600 Amp Service UpgradeI wanted to share a BP first for me...some investors who avoid city inspections and permits, not me! I had a fire in an apartment unit and part of the evaluation from the City of Tol...

We are under contract on a building that is 3 apartments and a storefront.  It will require pretty significant repairs including foundation and slate roof.  Because of all the particulars, it qualifies for both federa...

Need some advice BP!!Working on submitting a counter-offer on a potential short term Buy/Hold, which i expect to Flip within 2yrs.The property is offered at $105K, down $10K under market price. I believe a $10K-$15K r...

I finally got around to reading the new terms of service.  A few interesting things but one in particular:
3.7.1 To purchase a Subscription Listing, Host must make an order by means of the Site's online order form an...

FYI Because I think this will have a larger impact on pricing than the shelter-in-place orders. Not only have interest rates crept up but overall terms like reserves/escrows and debt service coverage have increased bu...

I have owned a 30-year old condo for about five years that I have rented out the entire time I have owned it.  The roof is original, has been patched but still not fixed.  The condo is doing a special assessment of ab...

I have around 80 rentals.  I am reviewing my lease and I've been stung where a tenant did not pay their water bill and the city shuts off the water from the street.  When the city turns back the water the valve / pipe...

Hello everyone!My name is Joshua and I've been a BiggerPockets member for a couple of months now. I am semi new to real estate investing. I currently own a house that was my primary residence but have been renting it ...