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Hey guys, I live in LA where appreciation is great but cashflow is not so good. I'm open to either house hack in LA (appreciation should be solid) or invest out of state for cashflow. From a financial perspective, how...
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First timer here. My dad passed away recently and left 3 properties to my siblings and I in a trust. 2 of the properties are multi-family rental units. All units are rented and are cashflowing. The third property is a...
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Hello everyone! Currently doing reporting on my portfolio, and I see we've spent $1800 on pest control YTD over 5 different doors. My question to the community is, should I continue to offer complimentary pest contr...
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Dear all,I wanted to see if anyone had general views on the Central Florida vacation rental market. I'd be particularly interested in thoughts on two cities: Kissimmee and Davenport, both of which have good proximity...
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I've been in the Property Management industry for around 10 years and it always baffles me when landlords choose to manage their own units. I'm curious to hear reasons why you WOULD want to manage your own units. Bel...
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My husband and I have excellent credit, own 2 homes/mortgages (1 is a rental property), and due to a job loss and other issues, our income has been cut by half. We have tried to wait out the recession, but have given...
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Good Evening guys, im down here in Houston, Texas and really thinking of ways i can help homeowners who have been flooded for the first time and wanting to break away from their homes in search of a new beginning. I'...
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In August of 2013 I paid $7,680 for lead abatement. I am eligible for $4,500 lead tax credit through the state of Massachusetts. My question is, do I still claim the 7,680 as a deductible repair expense or do I ha...
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Hi there.
I can't seem to find a good answer for this, so it's time to ask the BP community. I was wondering if a contractors license is necessary for me to rehab my own, vacant property in Omaha Nebraska? I would not...
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Does anyone routinely get police reports on a multifamily property during due diligence? I wish I had on a recently purchased one in Des Moines. I knew it was going to need $ put into it and some weeding out of margin...