Patrick Menefee
Rehab for dummies (I’m the dummy)
Good morning BPAs I spend more time practicing analyzing deals I know the rehab piece is one spot i need some help. I’ve heard plenty of warnings about misestimated rehab costs, and i know that this is definitely not...
Jeremy Clark
Best refinance parameters
Hi everyone. Here is my scenario. I purchased a SFH and have a total of $120k into the property using some personal funds and and hard money. The property appraised for $180k. I would like to refinance and pull 35-4...
Steven Barr
Are you allowed to use the security deposit to "turn" property?
Hi BP! Once a tenant leaves and you have to get your property "fix-up" ready for a new tenant, what are you allowed to use the previous tenant's security deposit for?Are you legally allowed to use it to fix "wear &...
Kevin McDonald
How do you do Walkthrough with new tenant of property?
Newbie landlord have my second tenant moving in Saturday. The first rental I had a real estate company find tenant and handle transaction, this one I am doing everything myself. During the walkthrough on the first p...
Ben Walsh
Mobile Home Park Evaluation & Due Diligence
Hi All, I am looking at a few mobile home parks in MN and I am wondering what you all use for evaluating the value of a prospective mobile home park. Are you evaluating it the way you would an apartment building? Woul...
Aaron Misiph
How to determine renovation costs?
Hello,I am brand new to this website and have started reading some of the bigger pockets books to educate myself. My girlfriend and I have decided that we want to buy our first home this summer, and we are looking to ...
James Sun
How do You Address Missed Repairs/Issues After Tenant Vacates?
I have had this happen many times and I end up paying the cost of the repair/issue since it is caught by the new tenant and the security deposit has already been returned to the old tenant. Property manager charges 1...
Davina Keo
Tax deduction in real estate
I am new to Real Estate investing. What expenses can I deduct on my Income Taxs?
Young Rice
Real Estate Rental Accounting
Hi, Does anyone have a sample excel sheet with book keeping or accounting for someone that is starting up with rental properties. Basically what I am looking for is something like a detailed real estate balance sheet.
VAL A.
Tenant Threats - Security Deposit Disposition $1400
I am in CA home is in NM. House rented 18 mos ago, tenant vacated 6/21/11. My lease is 10 pp, states tenant responsible for ALL repairs on property. Tenant returned to AZ. Home is 2000 sq ft 4/2.
Tenant said I coul...