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Is there a rule of thumb for expenses on mobil home parks and self storage units?
I'm looking at a property with 26 mobil homes, 13 of them park owned, and 53 self storage units. The gross annual income is $130,000 (...
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Hi,
I am leaning towards using a PM (property management co.) from day one.
Are the tax benefits (deductions) worth enough to the bottom line to offset the costs of service? Do you only realize a benefit when you g...
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Hello BiggerPockets community,
I'm a rental property owner, and I've recently been reviewing the landscaping expenses for my out-of-state property, particularly the mowing costs. I must admit, the figures are making ...
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Hi All, I have a 13 year old rental property in Austin that needs 4 lbs. of R22 refrigerant. I'm being told by the HVAC contractor that because of the phase-out R22 is $125/lb. If I'd like to find the leak that will c...
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Hi Guys,I thought I remembered hearing that if you purchase a laptop that will be used for investing, that you can write this off as a tax deduction as long as it is used primarily for investing purposes. I have jus...
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Are there any commercial property managers in here that could briefly share with us what an average day in the life looks like? Biggest challenges you face? The best parts? What you'd change about the industry if y...
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Hello BP,I am a prospective investor that has been on the search for an investment multifamily for the past year+. I keep reading that there are many tax benefits to real estate investing but am confused to what they ...
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My husband and I are actively looking for an investment property in TN. One on our list has good numbers, BUT it has a pool in the back.
What liability would I have as a landlord if there were a pool accident while...
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I am planning on selling my Assisted Living Home with a "lease to buy". What kind of lawyer would be best. Is there anyone out there that has used this strategy? What are the pro's and con's. Thank you, Manitou
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Hi Bigger Pockets Community,I'm a licensed MA broke. I've been a licensed RE sales person since 2004 and I am now a licensed attorney so I have my broker's licenses as a result. I am wondering what are the steps, pr...