Brandon Turner
One of my units got destroyed last night in a flood. What do I do now?
yep, about a foot of water in my basement apartment in my triplex. Called the flood insurance company, but my deductible is fairly high ($5k) so I'm looking to still do this cleanup on the cheap. Anybody have any good...
Chris Armstrong
Really Trying to understand Depreciation and Recapture upon sale
Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...
Ali Dawood
Hurricane Harvey - Now What?
First and foremost, I hope everyone who was in the path of Hurricane Harvey is safe. My brother is currently buckled down and waiting out the storm in downtown Houston.
Once the storm (or any other natural disaster)...
Ben Petersen
RE Agents: Insulting to lowball offers?
Hey fantastic RE agents of BiggerPockets! Earlier today, I was speaking with a friend of mine regarding a few properties that I am looking at. One of the property’s is a SFH fixer upper and the owners are “extremely m...
Chan K.
Plumber fixed pipe leak But found non-compliance code
HelloHappy New Year everyone....I just want to discuss some findings that came up recently when fixing my pipe leak.So last week, I have a pipe leak in my basement at one of my properties. I called the local plumber. ...
Lisa Casey
Entitled Tenants from hell....but my mistake for being "nice"
I have a small house on 18 acres. We have rented it out 5 times with no complaints. In the last 4 years we we have totally renovated it adding a sun room, new HVAC, electrical, plumbing, and refinishing floors, ref...
Bryan Hancock
Have One ARM in Your Loan Portfolio?
A few years back I was studying mortgage products and learning what other options are available for debt. One of the things that intrigued me was that ARMs can have payments lowered if you prepay the mortgage. I fou...
Natalie Medved
Furnishing STR Do's and Don'ts
Hi everyone:My husband and I are in the process of furnishing our transforming our second home in the White Mountains (Thornton, NH) into a STR. The market has a lot of baseline - economically friendly STRS but only ...
Curtis Bidwell
A Deal From Zillow! Just added 10 Units to my Portfolio!
I found a 10 Unit apartment (6 2-bed, 4 1-bed) that had been sitting on Zillow for more than 6 months! I added it to my portfolio December 1st. I knew the area and market, drove by and did some basic numbers. The f...
Troy Welch
Electrical in 50 year old house - what to do
I am rehabbing this 1st property. Part of closing negotiations was that they replace the breaker box. They hired a professional electrician who installed a 125 amp breaker box. It looks like they did a very good jo...