Sebastien Hitier
Do you appreciate building and components separately
Hi BP,I read that you can depreciate more if you depreciate building and components separately, and that big buildings are often depreciated this way. Does anybody confirm? Does anyone use this with SFH?The 27.5y depr...
Matthew Chan
Tax Deduction for Appliances before converting to rental property
I am in the process of buying another house which I plan on moving into some time in January 2019 and make that my primary residence. I plan on renting out the house that I am currently living in.For property that I a...
David Sisson
Shed / storage - 2 of them? Lawnmower? Storage?
I'm purchasing a SFR for rental. This property will need a lawnmower - for the tenant to use when mowing the lawn. I want to put a shed, to store the lawnmower, and a snow shovel. These will both be for the tenant to ...
Joe Mazur
What to do with all that cash flow?
I am getting about $200 a month from my first rental property. I've finally reached the breakeven point on what I needed to recoup what I had reinvested for maintenance. So now what do I do with all that cash each m...
Ben Sears
What to update when buying property with tenant in place
I'm currently in negotiations to purchase a SFH with a tenant already in place. Tenant has been there 13 years with no reported issues. My question is what are people replacing/upgrading on purchase? For instance, thi...
Brandon Turner
preferance on closing costs
When you are in a situation where you have to pay closing costs. Do you prefer to A. prefer to pay themB. roll them into loan (if that is available commercial loan example)
Brian Tran
Beginners Advice to a Beautiful Rehab
Hello Investors,I'm working on doing my first rehab on a property but I'm having trouble with the imagination and creativity to rehabbing the property into a beautiful rental. (Because I have no prior experience) Any ...
Brian Wheeler
Industrial Property Pro forma Dealing with NNN Leases
Need some guidance, I am currently creating a pro forma for a possible industrial property and all of the tenants are on NNN leases. I am looking to see if any of you use a certain software that deals with NNN lease m...
Sam Crochet
Landlords with success in issuing master leases to third parties?
Hello!I just bought a SFR in Atlanta and was approached by a guy who regularly rents out properties but then subleases them to AIRBnB tenants. Does anyone have experience doin this as a landlord (through a master leas...
Joe Kelly
How can I close on foreclosure and sell to buyer quick?
Hey everybody
I currently have a house under contract I’m buying from auction with hard money. My original plan was to rehab and flip it however my realtor found a buyer AS IS for roughly the same profit I’d get if I ...