Hello friends,
As I get closer to buying my first rental unit, I am thinking more about taxes. I know depreciation can be used to offset rental income. I have a few questions about what the government considers incom...
Hello!
New to BP and looking for a comprehensive checklist for screening new tenants. I have had a property manager in the past and took over management about 3 years ago. This is the first time screening a new tenan...
Just a PSA for people, recently I have been reviewing a significant number of assets on the market which to me are overpriced. One of the main reasons I am saying this is many of them have significant title defects th...
Hi all,I have a newbie question for all of the experts here! The question is for my recent purchase of a duplex (residential).How do I separate the land value from the total value of the property I just bought? There ...
what are you guys doing for home insurance on a contract for deed? currently, i've been holding the insurance, and my buyers get renter's insurance and pay for my policy through a 3rd party escrow service...currently...
Hello everyone.. New pro member & my first post/question.. Woo.. 🤘My parents are retired and looking to off load their rental properties. They are tired of self managing the properties. Any suggestions, pros / con...
I have been helping out a family friend who is in a very challenging situation. My goal at first was to see if they can avoid a foreclosure and stay in their home. The second option was to sell it for them to get ou...
Everyone talks about either developing or having systems. I am at a loss, what are some systems people have and how did you develop them?
Is it a straight yes, we should always have landlord insurance, or there is another basis depending on the equity/geographics/law that makes a landlord choose whether to have it and reduce their cash flow or leave it ...
Hi Everyone - first time posting here. Nice to meet you and hope everyone is safe and staying healthy!
I have a client who I am working with on getting a property that is going to auction at the end of this month. H...