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I admit it: I love old houses, especially those built in the early 1900s.
Yet I always hear savvy investor types talking about only investing in post 1990s houses or similar criteria.
I know real estate invest...
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so long story short I bought a property that needs a lot of rehab and my budget borders on just enough which to be honest i'm sure is never really enough but enough small talk. bought the property for 200k, have 35k f...
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Hello BP community, I purchased my first rental property (a duplex) a few months ago and I'm trying to rent out one of the units (I'm househacking), but the neighbors directly across the street are like those wanna-be...
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I just got my first K-1 from a multi-family syndication and want to understand it. This is the actual K-1 with real numbers and only personally identifying elements have been removed. I'm going to describe what I th...
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I don't know what to do. I have a tenant that keeps the front door to my 3 family investment property open all the time. Every time I go there, the door is unlocked or not pushed shut. I confront him all the time on t...
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How many properties does a person need to hold to justificy 750 hours? For example if you own a two family house and rent both units it would be hard to justify that you worked 750 hours to maintain this. IRS does not...
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Hello,
I am renting my upper unit of my duplex. They are starting the lease in June. The guy is a local TV host. His fiancé, their kids ( 1 kid each from previous relationships) and he are moving in. They asked me to...
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Economic Update
(Monday, April 26, 2021)
While the nation was focused on a Minneapolis courtroom last week, there was also history emanating from a Los Angeles courtroom. A federal judge overseeing a sprawling la...
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I have a couple of rental properties in California that I "stumbled into" as I purchased primary residences and moved. This is going to be my first attempt at taking REI more seriously. I have a good career that allow...
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In my area, I've noticed a lot of multifamily properties with 4 to 12 units, and all units are 1/1. In my opinion, and correct me if I'm wrong, 1/1 units are useless. Who rents a 1 bedroom, 1 bath? College students...