Ryan Pyle
Accounting for asset disposal - do I have to recapture depreciation?
When accounting for the disposal of an asset, I'm not sure what to do with the accumulated depreciation and book value of the asset. For example, I replaced the carpet in one of my apartment units. The asset was on th...
Jeremy Tran
HOA Attempting to charge a "Leasing fee"
Hi Everyone,
I purchased a new-build townhome by Meritage Homes in 2021, during the initial phase of the community development. This is my first HOA property. At that time, there were no rental caps, and the HOA docu...
Matt Schelberg
Do you ask for your tenant's SSN?
It surprises me how little pushback I receive from rental applicants when I ask for their social security number on my rental application. While I take care to safeguard their information and destroy it when I'm done,...
John Fedro
Mobile Home Lead in Delaware (19702) In a Park
Hello all,
A motivated seller of 2/1 mobile home inside a mobile home park contacted me earlier today about her mobile home for sale.
She needs to sell fast and is asking $5,000. However she seems motiv...
James Milton
Messaging a homeowner on LinkedIn after finding their name - is this ok or bad?
I use an AI tool to automatically message homeowners on LinkedIn. I get around a 10% response rate when messaging on Linkedin vs 2% on email. I just add a list of addresses and it ends up finding homeowners and messag...
Dylan Barnard
Planting a Tree in the Backyard of a Rental
My friend who also invests in another market in Texas suggested that we plant a tree or two in the backyard of our new rental, says it is little cost now for a good return later. Thoughts?
Michael Hayes
Memphis Section 8
Question for anyone investing in Memphis and focusing on section 8. I've managed a couple of section 8 rentals before, but I don't believe I was actually maximizing the rent. I'm planning on doing some BRRRR's but w...
Marc Nespoli
Help with Lease Option in PA
So I'm working my first lease option agreement and have some questions on legalities. First a quick overview of the situation. I am a Realtor and had a referral come to me wanting to sell her parents home. She lives ...
Marisa Alvarez
LLCs in Wyoming for Asset Protection
I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
Casey Kooiman
How to Scale - Milwaukee
Hello fellow investors!I've asked this group for a lot of advice on how to grow in real estate. I've managed to accrue 5 units since then (2 SFH, 1 Condo and a Duplex). All are doing great and cash flow is nice. I rea...