Allan Smith
How do you manage your rentals remotely?
I've heard some people manage their own rentals without living near there. My VA does most it for me here in nashville, but the main part I can't crack is the physical items. Who keeps the keys? Who stores the lockbox...
Latifa Al Latif
Should I stay Or Should I Go?
My lease is up March 2020, I’m prepared to purchase but looking for input. I have 2 options: A. Buy a townhome in my current area (Naperville, fairly affluent suburb near Chicago with great schools) or B. Buy a small ...
Jonathan Streufert
Calling yourself the "Landlord" or "Property Manager"
In a book I was reading, the author made a point to say that calling yourself the "landlord" or "owner" of a rental property in front of a tenant can lead to some rather unfortunate scenarios. Rather, letting the tena...
Justin Fox
Capital Expenditure depreciated over life of property.
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
J Scott
The Largest Street Gang in America
Vikram C. posted in another thread about how many politicians -- due to their stature and position -- believe they are above the law.
This comment reminded me of a great (though disturbing) set of...
David Krulac
92% of ALL Real Estate Investors only own 1 or 2 properties...
according to a book that I just read.A number of years ago I went to a big real estate investors convention with 1,500 attendees; there they did a survey and about 1/3 didn't own any real estate, about 1/3 only owned ...
Elijah Miller
Self-Storage Facility as First Solely Investment Piece?
Good evening, everyone. Last year, I purchased a house for myself with 3 additional rooms to rent. So far, this has been going very well. I have two vacancies coming up soon that have me a little worried, but thi...
Anastasia Jordan
Tax Lien Redemption Problem (Took a loss in these streets......)
Purchased a tax lien.Took possession.Made repairs.Received a redemption request.Responded within 10 days with a bill for repairs.Redemptioner received the bill (certified mail signed receipt) on 12/12/17.Lawyer respon...
Alexander Lang
Rewarding Tenants
Hey BP family,It's been a while since I have posted a discussion on here, but I was curious. What do you as a landlord do for rewarding tenants? Do you at all? If so, what do you do and why? I have heard of many offer...
Don Konipol
Customers You Should Avoid
Based on 45 years in real estate, I’ve experienced these types and I believe they are the biggest time suckers to be avoided as quickly as possible
Types of Customers to Avoid1. The customer who places no monetary v...