Jonathan Taylor Smith
Insurance - To file a claim or NOT to file a claim?
One of my rental properties suffered water damage and I'm wondering if I should file an insurance claim or just eat it...? I've never filed an insurance claim on a rental property, so I do not know what impact filing ...
Maxx McKenna
60,000+ sqft. Mixed Use Building in Ohio for $1!
Hello all,
This is my first post on the BP forums. There is a 60,000 - 80,000 square foot mixed use building for sale in Coshocton, Ohio - about an hour east of Columbus. (I am NOT the realtor or the owner). The bui...
Robin Olivaw
HVAC replacement in single-family rental - deduct or depreciate?
Hello,We have a general question about recording for tax purposes HVAC replacement in a single-family rental property.
For the scenario below - is there an option to deduct the expense (fully/partially)?
Scenario:
...
Jean Bolger
Exterior solid stain v. paint - can someone explain the difference?
I understand that a transparent stain sinks in to the wood, and a paint does not. But a solid stain doesn't seem to sink in to the wood either- how is this different from paint? Is it just thinner?
I am prese...
Dannielle Hoffman
SA remodel supplies/subs
Hey Y'all!
I'm finally here in San Antonio! I am currently negotiating on a flip-in property that needs a good bit of cosmetic work. I need recommendations for places to get good products at reasonable prices. Specif...
Andy K
Advice on tenant move-out after a fire incident
Hi folks,
We wanted to get some advice regarding a situation we have at a rental property we own. In mid-August, we unfortunately had a fire in the attic of the rental home. The tenants living there called the fire d...
Paul Ivnitskiy
Colonial Hotel and Tavern Zoned for 8 Units
Hi everyone, I’ve been following bigger pockets content for over 5 years now. I’m in the Boston area, with a concentration in the north shore. I’m currently trying to acquire an 8 unit Colonial. It needs some restorat...
Maxwell Sheppard
What to do with a large Grandfathered in outbuilding
Three years ago I purchased a single-family home in Wisconsin in the middle of a small city. It is a very unique property due to the fact it sits on an acre lot with an old 30 x 30 barn built in 1950. I purchased this...
Gilbert B.
How do you buy property out of state?
Hello Biggerpockets.
Recently, I been looking at houses that are cheap and I found many of them to be in the pheonix area. I used zillow.
Im pretty sure I seen some homes for around 60k, heck even one for 25k.
My q...
Greg P.
Could use some advice from Experienced business owners/landlords
Hello everyone, I have a question in regards to a restaurant we are planning on opening. We are negotiating the lease with the Landlord for a space that was for a existing restaurant (already has equipment). The landl...