Hi all!I am in kind of a unique situation with my seller, as he is an attorney overseeing a bankruptcy case and multiple homes within the bankruptcy. Anyway, he gave my realtor and I an opportunity to go to the proper...
Hello!Set of facts:- Lived in a residential unit as a primary residence for a number of years.- Converted to rental and depreciated it for 2 years.- Sold in 2023.- Purchase price: $250k- Sale price: $350k- Depreciatio...
I understand the critical role of efficient maintenance coordination in ensuring the satisfaction of both landlords and tenants. This guide is designed to equip property managers with the necessary tools and strategie...
First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies. I care about collections, not just bodies in the building. Many property manage...
What would be the most effective way to ensure I have enough money to rehab a property in BRRRR? Would I use a portion of my equity from refinancing another property? A separate line of credit?
I have a rental that has had 3-4 backups. They augered it and found signifant roots each time. I am trying to think of the most cost effective way to deal with this to prevent fututre back ups. I have seen quotes a...
Hi, I have a insurance clam where I need to provide proof of work done and invoices to claim the depreciable amount. What level of detail do the invoices needs to be shown?
Due to the Texas Freeze, none of the big c...
For the experienced investors, which strategy works best, using an assignment contract or a double close? and why? please
At what point in the process of buying a rental property is it best to ask for copies of leases from existing tenants, schedule a walkthrough of the units, etc. Is it best before you make an offer, or during your due ...
We are currently under contract on a piece of land where we can build 6 attached units by right. Initially, our thought was to keep all of these units on one parcel, held in the name of our LLC, as our strategy is to ...