Sarah Moncivaiz
Need new septic system, but there are tenants
I just found out that we are going to need to replace our entire septic system, including drain field because the county will not allow us to fix gravity systems at all. I'm told that this could take 3-6 months in tot...
Brian Walters
The Psychology of Success: Being Willing to Fail to Succeed
I heard an interesting non-real estate specific quote the other day. In order to be truly successful you need to willing to risk everything and fail.For those that have been significantly successful in real estate in...
Kenneth Hynes
When to sell SFR for 1031 exchange
All Wanted to get feedback on a conundrum that I face about my
timeline for next 1031 exchange .
I have two SFR that
I am prepping to sell as I continue to scale into Multi family , one
on Colorado...
Mo Karim
Cost Seg Study/Accelerated Depreciation
Hi all,
I wanted get some opinion from BP nation on a property I bought in Jan this year to see if it makes sense to do a cost segregation study and accelerate depreciation on it. Here are the numbers:
315k - land v...
Taylor Hale
"Don't Be Afraid to Quit!"
“Don’t be afraid to quit!”
I’ve been seeing a lot of posts lately about people getting into a project or deal, finding out it’s not what they thought it was going to be, and then going into deeper waters by over-leve...
Lauren Brychell
How to Succeed in a High-interest Rate Environment
A high-interest rate environment can have different implications for investors depending on how they position their assets. For those holding fixed-income investments such as bonds or certificates of deposit (CDs), ...
Chai Jonn
Shall I allow cats as pets???
Hello,I have a potential tenant who is interested in renting but has a cat which is declawed. I was wondering what is the experience of other landlords with cars as pets. When I read the forum I see mostly NO to cats!...
Vincent Ho
Investing In Oklahoma City
Hi all, My name is Vincent Ho, and I am new to real estate investing. Right now, I am looking for to buy my first rental property in Oklahoma City and have a few questions:1) How is the rental market right now in Okl...
Corey Davis
Anyone know how to deal with unpermitted additions?
My wonderful agent dug up an off market SFR in Portland OR that's listed at about 20k less than it's comps in the area(short sale). That's if you're using the tax recorded number of rooms, baths, and square footag...
Sam German
Offer month-to-month lease to good tenants?
I have good tenants who pay on time every time. Lease ends late July, and they're asking about a 3 month extension or month-to-month.
Pros:
Slightly increased rent for the shorter termRetain tenants who pay on time...