Michael Chiafulio
Looking for best cash flow markets to buy rentals (SFRs)
Hello, I am new to BP but an experienced investor with 8 rental properties in Las Vegas. I also flip 1-2 times a year when the opportunity presents itself.I am interested in doing a 1031 on one of my Vegas properties...
Mike H.
Thoughs on trying to re-rent next day withouth losing a month
45 days notice, I would like to re-rent for day after they move. They believe unit is in good condition.I need to get interior pictures and would like to start advertising. Any suggestions on best way to proceed. I t...
James Paisley
Newbie... Would love to make some connections in ATL
Hey Guys!I think this is the right spot to post this. I'm a newbie to REI (did 2 deals 5-6 years ago and did good) and to the site, but I love it. It's like a gold mine of information. I live in the Grant Park area of...
Jackie Cramer
Whaddya do...how to handle
Greetings to all fron NJ.
late 60's couple, husband died unexpectedly at work, just before Christmas.
SFH. They have been wonderful tenants...period. We were blessed with their tenancy.
Their plan was a move South ...
Dan Turkel
How to track income/expenses when income is net of fees
My property manager uses Appfolio. When I receive my rent payment each month, it’s put into my account as a single deposit. This number consists of the combined rent for all of my properties. It is also net of all exp...
Jinhee Hann
Cost Segregation study and lump sum depreciation
Does everyone know about cost segregation?
Thank almost hired a company at a cost of $4k, to do a cost seg study to offset my taxes. Then a cpa told me that that’s not necessary if I bought the property the same year...
Stephen Glover
Virus' Impact- Notes from a PM
There’s a lot of uncertainty right now as to how impactful this virus will be on our health and local economy. Our team studies property management on a local and national level for trends, variances, opportunities, ...
Sam Cannata
1031 Exchange Extensions
A situation arose with a 1031 exchange I am in the middle of in Denver, CO. Here is the timeline. 1031 started Jan. 2nd. Identified a property and closed Feb 26th. Gave the existing tenant 29 days to vacate the proper...
Bill S.
Help - Private mortgage holder will not provide payoff amount to title
I have a wholesale deal about to fall apart. The seller's mortgage is a private mortgage (1st only) with an old RE agent who is 93. I have the property under contract and it's a good deal (not a great deal) and the mo...
Dwight Sands
Underwriter's Perspective for Self-Employed
I'm working on some calculations for current and projected (next year) DTI ratio to see where I need to be for financing. I'm self-employed (for 2+ years) and as I understand it a lender will use the 2 most recent tax...