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Anyone paying attention noticed a pretty significant perk for RE investors. The current bonus depreciation rules mean large year 1-5 depreciation and many investors stack large NOL carryforwards. Some are advising tha...
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Hello all! 1st post ever here!I recently purchased a single family rental property here in Rochester about 15 min away from where I live.I went to go apply for a COO and noticed on the form a yes/no question that i do...
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I bought a duplex two months ago that already had tenants in both sides. Unfortunately one side was late on the rent the first month, and has not paid so far this month. The lease states that they waive the right of n...
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My partner and I found an abandoned house on a slighly busy street, good area. We went there to notice it had a notice from the state saying its inhabitable, basically shut down. It had alot of fire damage to it as we...
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What are people requiring as a minimum coverage for tenant's rental insurance. The different line items seem to be; contents, loss of use, personal liability and medical payments to others. I realize this likely var...
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Hello, I have 2 tenants fighting with each other over smoking issue. One of them is complaining about not being happy about this since their units always smells like smoke. Other one is saying there is no one in their...
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Hi BP, I Bought a foreclosure .Title recommended an inquiry to determine if the sold 2008 and 2013 tax Certificates sold require Redemption from a 3rd party.can someone explain please .The property is in Broward Count...
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How can and do you handle a tenant who isn’t paying rent and is avoiding all calls and text? Thanks
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I am under contract to buy a house subject to the existing mortgage. This is my first subject to deal. I'm wondering about the due on sale clause. I've heard from several investors that banks virtually never exerci...
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24 unit apartment complex all with 2b/1ba with 650sqft. Priced under $300,000 with $150,000 worth of renovations needed. The proforma suggest that if units rent at $650 month NOI will calculate to about $1,440,000. Th...