Jeremy Rhodes
Underwhelmed with tax breaks of owning investment property
I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
Nick Brubaker
Great sounding tenant with questionable dog - should I rent??
Hi everyone,So I am getting closer to finding a tenant for my first SFH rental. It has taken me exceptionally long, probably because it is my first time going through the process. This is probably a C-class house wi...
Sal Zafar
Which is better Lowes or Home Depot
Hi wanted to ask if there is any preference for major rehab - which one is better Lowes or Home depot. Spending about $10k for small rehab. Or, is there any other place where we can get cost effective materials. Thank...
Ciprian L.
Average tenant stay and turnover cost in Indianapolis
Are the majority of tenants from Indy staying in a property for 12 to 18 months, destroying the property and then moving to the next remodeled property? Or is it just my luck? One of my tenants left on December 31, af...
Ray Jhala
To permit or not to permit!
Hey Everyone! I purchased my first rental, a duplex, in January of this year. After the tenants left last month I started the rehab process to bring the units up to speed and increase rents to market rates.
The sco...
Stacee Evans
Contractor advice Needed fo flip in Texas
I'm in the middle of purchasing my first flip and I'm getting a little nervous and would like to make sure I'm doing this right. I live in California and the house is in Texas. This is a major renovation (close to 1...
Christophe Noualhat
New far-far-away member & questions on investing in FL
Good morning everyone (it is morning for me and most likely this post will appear when it will be morning for you)... Yes I am from a far-far-away land called MADAGASCAR (and no, there are no penguins, lions, giraffes...
Roy Gutierrez
Flooring
Need to make a few decisions and I still don't have my big boy pants to make them! Bought 2 houses in the city of Oak Park here in Michigan, not a high end area but definitely a nice quiet/affordable city with very...
Khalid Johnson
Mice problem will cost $1800
I own a rental property and the house has numerous mice. Professionals came out and said the house needs to be sealed for a total cost of $1,800. My wife went into the hospital and I cannot afford to spend $1,800. All...
Willis Seng
Estimating renovation costs
Ok, well... Ive never flipped a house before, I have no idea what supplies and materials cost, and I dont know what's a good price for a decent contractor. How do you guys figure out this cost on your first flip?