I ran across this article this evening when I was researching some other tax matters:
Who says you can't depreciate land?
The basic procedure seems to be:
1. Split the improvements from the l...
Hi, I've moved out of state and turned my previously self-managed rental in Baltimore into a property managed rental after the tenants moved out. As part of the process for getting a new tenant, they sent a contractor...
All of my rentals have been 'no pet' properties, but...I have a tenant leaving soon who brought in an "assistance" animal - a dog.So I have a few questions.If you know the tenant has a dog, do you require them to flea...
Hi guys,
My plan was to purchase a 2bed 1 bath house in Hawthorne or Lawndale for ~500-600k. Live in it while I do cosmetic renovations for 1 year. In addition, at the same time, I would drop 80k-100k to build an AD...
4 family fully occupied. I believe I can get the rents up when they leave specifically the 3 bedrooms as I think they are under market.current ask 145kElectric 20/monthWater 140 month (seems low?? but owner provided)T...
So recently I have come across a property in Saint Louis mo. The property was appraised at 187k as is. I do not know how to do the arv but the appraiser that i have gotten to know well recently told me that I could do...
Looked at the store yesterday at different insulation products. No calculator in hand but seemed shake and rake(I call it shake and bake) was double or triple cost of blow in regular stuff.From there it was hard to s...
Dear all,
recently in my area, a lot of properties got break in and stole all staging furniture and appliances.
do you know what is the affective way to prevent criminal break in the staged properties while them on ...
The carpets in some of my newly acquired rental properties are filthy and stinky. My wife did a good job with the carpet cleaner, but it seems this would be a reoccurring problem. Do you all find yourselves replacin...
Hello BP, I'm in the process of rehabbing my first property and wanted to get advice on how to tackle the bathrooms. Keep or replace the vanities? keep or remove small window in the first picure? Retile shower or re g...