In 2016 I did a 1031 exchange and I'm trying to figure out the depreciation for the replacement property.This is the information I found when doing some research:http://www.1031.us/PDF/Depreciationof1031.pdfLet’s say ...
OK, so I already know my rights and what I'm allowed to do I'm just curious on what steps I should take.Scenario: Tenant has one approved pet (small dog) which is called out on the lease (even by name). There is a pet...
Hi Everyone,So while I continue to look for a deal, in the down time I have been trying to get business prep sorted out while I wait for a good deal to come onto the market. Just a bit of background, I am a first time...
Getting ready to generate some direct mail campaigns and have been wracking my brain trying to figure out how to automate/make this work. So, I have research being completed each week to 4 different groups of targeted...
Hello BP, How do you go about dealing with damage to the property that is caused by the tenant, but can't be explicitly "proved"? We have had a couple situations with repairs that we believed were the tenant's fault, ...
Has anyone ever assigned a contract to an FHA retail buyer? Does FHA allow it and will they be able to close on the property or will the escrow be lost since its a cash offer?Although there is a $5k markup on the purc...
Hi,
I have signed my lease and unfortunately I need to travel immediately and wouldn't be back before Jan.
I asked my landlord if I can start my lease after and she said she'd find someone else.
She asked me to...
I am closing on a duplex next week and need to move in within 60 days due to the loan. The tenants lease goes through June 1st but to meet the 60 day term I offered them cash for keys to leave by May 1st and they sign...
I have a duplex with identical 4/2 units. One side is renewing this summer and I've told the tenants their rent will be $2100 per month for next year. The other side lease ends a few months later and the current tenan...
I am Andrea, from the PA area I am a Mulit-SIte Property Manager, I have been working in the field for approximately 10 yearsI am planning to purchase my first rental property this year, for now I plan to buy and hold...