I've got one single family rental so far and had an excellent experience with my first tenant. She's military and has taken great care of the house as well as paid on time every single month. She's getting transferre...
Good afternoon,I am in the process of purchasing a home which requires a rehab/repair budget. The lender will be doing a holdback of the budgeted amount, and I am curious as to how this process will work in terms of ...
Hi all - I understand the benefits of cost segregation in year 1 and how you can front load the depreciation of the unit. However, in future years, isn't the depreciation much less? If so, then how can one still maint...
What is best way to manage a pest problem at one of your properties? Or a really good way of preventing it from happening?
I have a client interested in investing their retirement funds from a 401k. They want me to invest their money through an LLC. I will consult a lawyer, but before committing time- maybe you guys have some advice. I...
In Podcast #211, Bob mentioned using his Roth to invest in his LLC. I've heard of doing this with a self-directed brokerage for a 401k/IRA and now I'm more curious about pursuing this because of money in a Roth. I'm c...
New member actively investing in Des Moines, IA. I hope to meet and network with people in the real estate world in Iowa in order to develop and learn.
Good day Everyone,I am a professional in tech, my wife is a realtorI bought the house last year and incurred a net loss. When I filed taxes using turbo tax, I filed Schedule E but there was no form 8582 which is to d...
Hey BP,Any tips for evictions in cook county? I have a 3 flat and have finally received eviction order from the judge after 6 months. If my tenant doesn’t leave, I can file for a tenant to kick them out and give me ac...
Does anyone have any experience with offering Wifi to tenants? I live in a triplex with tenants and I was thinking of buying wifi and offering as an additional fee to the rent. Does anyone have any experience with thi...