Planning to rent out my primary residence, Single family home in A class neigbhorhood, built in 2006, and move to a rental apartment near my work place.Planning to buy second house close to work, may be in 6+ months. ...
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Just spent a decent amount of coin doing a make ready during a vacancy. Come tax time, how do you generally categorize these expenses? Two biggest expenses were flooring (improvement) and interior painting (repair). ...
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I am considering purchasing a triplex in Klamath Falls, Oregon. What is a good starting place for an estimate to completely overhaul the interior of each 900 sq ft 3br/1ba unit as current tenants move out? Full new pa...
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I am looking at a 4 flat where the seller does not have any security deposits. Instead he collects a move-in fee and move out fee. Anybody familiar with this method/ I understand the fact its a fee versus a refunda...
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Hello All (Hopefully this is the right forum for this discussion!)I recently bought a condo that was owner-occupied for 30 years - and the owner was a big time smoker. The ceilings and walls are disgusting! The smel...
Hi Bigger Pockets -- I have a situation I'm not sure how to deal with, am hoping for your help. For context, I am a new investor who is househacking my first property; at this time I do not have a lawyer, and the hous...
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Hi BP community!
I am a first time rental property owner, living in one side of a duplex and renting the other. I’m planning to update my half while living there and moving out once the updates are made. The project ...
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There's a lot of little "upgrades" you can do when renovating a rental property that are the "cherry on top" of an already well done job. Examples are things like:-Granite countertops instead of formica-5/8" drywall i...
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We just bought a brrrr house in an auction and it has a cat pee smell that we can not rid. We have taken up carpet, sprayed enzymes on floor and just painted the floor with killz. We are running out of options. Any re...
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Hello All!When my tenant moved in they paid a $300 pet fee and a $300 pet security for 2 large dogs. It was supposed to be a 300 non-refundable fee per pet but we bent a bit. Anyway, they just moved out and the paint ...