Amos Smith
Mobile Home PARK Depreciation IRS Schedule?
Hi,I recently bought a new mobile home park, my CPA tells me that the non-land portion (road, pipes, water plant, good will) should be depreciated over 28 year. My CPA has never done tax on MHP before.I did a search ...
Todd Magin
Does a Cash Offer Mean All Cash?
To me a "cash offer" doesn't necessarily mean all cash, it simply means that I'm waiving the typical financing contingency clause and also not making the seller pay any portion of points towards a mortgage. It's a mo...
Greg S.
Cooling issues on the top floor - HVAC issue
Hello, I bought my first rental property in December of 2016. It is a 3 story townhouse here in the Baltimore area built around 1900. I am having issues with the A/C cooling the entire house. The 3rd floor is noticeab...
Patricia Via
should I manage alone or property manager?
I am 74 female, been managing a duplex for yrs without too much difficulty but tired of it - have vacancy coming and several repairs required. Had someone in mind who I thought would be great but he wants to add fees...
Brian Patrick
Using HELOC for Investment Property Downpayment
Hello All,My wife and I have finally made the decision to dive into our REI dreams and begin making the plans to make it all reality. We have set a goal of purchasing our first property in 2018 and are looking into di...
Jack B.
Existing tenants don't want raised rent or any changes....
So I have a four plex under contract (I'm used to single family home investing where I place the tenants, this is different and new to me) and the tenants during the inspection hemmed and hawed about letting me in to ...
Mike K.
Tenant Passing Away w/ 13 months left in a 2 year lease
Good Morning Fellow BPer's!I have a situation that has come up recently with a rental unit that I have and wanted to see what the communities thoughts are. My tenant recently passed away 11 months into a 2 yr lease i...
Michael Kazalas
Fractional Real Estate Investing -- What say you?
Hey BP Community!I’ve been involved in real estate investing for a while but lately I’ve been bullish on fractional real estate investing. For those unfamiliar, it’s where multiple investors co-own a property, outsour...
Jared Khan
Best Down Payment Source
Hi BP - long story short, my cash is tied up in illiquid assets at the moment. I do however, have full availability on my HELOC, various credit cards that are offering me 0% balance transfer checks for up to 12 months...
Rick Turman
20% part of Holding
BP Family,I have a question that has been killing me. It may be dumb, however I need to have a warm and fuzzy as I am unclear how to calculate this and am loosing sleep. I've had an 80/20 Construction loan for a pre...