Matt Leonard
When did you bring on a property manager?
I am under contract on a 4-unit investment property and want to use a property management company. I am wondering when is the time to bring them in. I close at the end of the month, so it isn't a done deal yet. Sho...
Davison Horst
Month to Month versus Yearly Lease in Northern Florida
Just about finished renovating a 2nd house that I own. Seeking to begin renting January 1st. Have never been a landlord before. As such, is it best to do a Month to Month (1st months rent and one month security deposi...
Takeo Kingi
How did you present a rent increase
Hey guys,I’m about 3 months away from having to renew my renters lease. I know this is an odd time, so two questions. First what’s your thought on increasing your rent during this time (my tenant is in the medical fie...
Larry King
Accelerated depreciation on primary residence turned STR?
We are planning to turn our primary residence into an STR at the end of this year and are looking to take advantage of accelerated depreciation if we can meet the REPS requirements. To my knowledge I believe this is p...
Danielle Cage
1st Time Owner - New Leases & Non Pmt
I closed on a 4 unit on 3/01/24 and sure could use some help.
I appreciate any responses to anything below!
- 3 units are occupied by seller’s close family - All units are on month to month basis
- All units ...
David Hayes
Creative ideas for this property acquisition?
Hello BP community, I have a question for you, I’m assuming someone has tried something like this but I can’t seem to find much information out there, so maybe not. Here is my situation:We have a motivated seller, he ...
Daniel Fenn
Investing from an IRA
What firms are out there that allow you to invest in real estate from a self directed IRA?I have an existing Scottrade traditional IRA into which I had rolled over my 401(K) from previous employers for consolidation. ...
Isabella Romano
Furnished Finder vs AirBnb
Hi,
I'm new to the community and trying to figure out the best site to list my rental property on. This property is in Albuquerque NM which is not a particularly popular vacation spot. We would like to do a furnished...
Brent Blaha
2019 Schedule A and Schedule E figures for three properties
Apologies in advance for the lengthy post.On 1 January 2019 my wife and I owned our primary residence and a rental property a three hour drive from our primary residence. That is the last day I think I fully understo...
John Franczyk
Approaching Estate Representatives
I've developed a business around contacting representatives of recently-filed estates and offering to purchase the decedent's house out of the estate. My business model involves purchasing the property as is on an a...