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This is going to be long and complicated, and I hope I can go into depth without causing confusion.My dad passed away last April and left me his home. I rented it to an older couple that I've known since I was in elem...
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Someone asked about whether or not they should hire a coach or mentor from a different thread in the "Starting Out" forum. @henryclark was nice enough to offer free assistance. I jumped on the offer immediately becaus...
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First bigger pockets forum post so thanks in advanced for any advice!I purchased a 3 unit about a month ago and have turned over 1 unit, will be turning over another Jan 1. Rents were significantly under market so I a...
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I've heard some people manage their own rentals without living near there. My VA does most it for me here in nashville, but the main part I can't crack is the physical items. Who keeps the keys? Who stores the lockbox...
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If you had $25,000 - $100,000 to invest passively would you rather buy shares in a REIT or put money into a syndication as a limited partner (LP)? Pretend you are a busy professional with $200-400k income (like a mid-...
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So I am using an agent to find a tenant for my property. I get an application and my agent says he is a nice normal guy.I get the application and it is MOSTLY complete and states he makes almost 18x the monthly rent I...
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So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
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This is a two part questionFirst, what is your best way to avoid waisting time waiting on a perspective tenant who doesn’t show up?Secondly, Is there a user friendly app or website that allows perspective tenants to s...
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Hi BP,Quick question.. looking for some good advice!I just purchased my first duplex on Mar 31, (yay!) and I will be living in the top apt since it is through an FHA loan. The bottom tenants are very nice people and a...
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