Hey all- came across an OOS BRRRR opp in Georgia, near Atlanta. I wanted to get some opinions/thoughts from folks. Here's what I got:Asking price $62500 (not what I'm going to offer). Comps put similar properties in g...
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I ALWAYS do a background check. I do NOT accept violent felonies, domestic violence, etc. So, now a tenant with SIX children in the home is arrested and charged with 3 counts for rape of a child. He is in jail with...
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I am a Michigan landlord, and I finally had to go forward with an eviction. We attached the Notice of Eviction to the rental property door and mailed a copy of it to the tenant. After the prescribed 7 days we receiv...
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New pool this year for our STR here in the Panhandle. Looking at pool companies for service. I’m hearing it needs to be serviced at least twice a week as a rental? Is this correct? If so, my budget for pool cleaning w...
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Hi guys,
Tax question for you:
Just curious as someone mentioned that I could utilize Sect 179 of the tax code to take depreciation in the same year instead of capitalizing it over X years on certain it...
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I came across this special where MyCorporation.com is waiving the $149 filing fee to create a corp or LLC this week only. Very timely for me as I just aquired my second property and want to place it in a new LLC.
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We are all about trying to automate, systematize, go-paperless, as much as possible. How do you accept written communications from your tenants? For example, when requiring a written Intent to Vacate notice form, do y...
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In response to many BP conversations we've had and phone calls we receive regularly regarding management services here in Indianapolis, we found that many out of state / out of country investors are not aware that in ...
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Newby here in northern Colorado. I have been shaking several trees l know of and talking serious long term strategies. I have some good contacts that have been in the biz for 45 years. They are old school, cash, free ...
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I did two long distance rehabs in 2018. Shooting for more in 2019. One was a flip. I got to walk through this while it was on market. I don’t want to walk through finished properties in Missouri while I live in Reno, ...