Tanya Patience
Strategy question: Depreciate or Expense?
Hi! I've searched around a ton to find a simple answer to this to no avail. Maybe because it's been hard to wade through the flood of information on depreciation and expenses.I wanted to know the strategy behind wheth...
Wardell Picquet
Hard Money Loans and Closing Costs
This is a serious newbie question, but I'll go ahead and ask anyway. I want to start flipping houses here in San Antonio and I'm seriously considering hard money. I've read about the Closing Costs associated with the ...
James Rowe
Startup costs for STR cabin in Gatlinburg
I’m working on my expenses spreadsheet for purchasing my first STR cabin near Gatlinburg. I currently have:1. $175 Smart lock keypad for remote management of door lock on Amazon2. Furnishings that may not already be p...
N/A N/A
Newbie from Atlanta
Hi y'all! I just ran across this forum today, and decided to join. I just walked off my job a few days ago, because it all got to be too much. My grand scheme was to quit it in order to get my RE License (one of th...
Logan Lehmkuhl
First brrrr property
I currently own 1 single family rental. A friend and I are getting ready to do our first brrrr deal. We have talked with a private money lender and CPA in advance. We are looking to buy a tiny 660 sq foot house as our...
Ming Lim
Reserve Fund Estimate?
Hi BP!
I'm working on some calculations for an apartment building. 6 story, approx 30 units. For an SFR, I typically keep about 8-10% of the homes values as cash reserves. What rule do you use for a large mul...
Chabu Nsokoshi
Due Diligence for Your first Land Investment
Hello BiggerPockets Nation, @Joshua Dorkin should address everyone on this site as part of "the BP nation". Like an elite national citizenship of it's own. Anyways, speaking of elites, I'd like to speak more to people...
Brandon Beaudoin
From SFH REI to MF REI (and potential partner sourcing)
Good evening BP fam!First post here but I've been plowing through the forum and articles. Long story short I'm (mostly) getting out of the SFH REI marketplace (I have 3 SFH rentals) and looking to branch into multi-...
Charley F.
Should I create an LLC?
I have seen that many of you have an LLC. What are the benefits to a landlord that only has one property.
Should I create one?
Sue Matt
Section 8 lease
I am trying to rent a property in Baltimore,MD to a section 8 client.I am trying to figure out what all needs to be included in the contract to cover my base as a landlord.If someone can give me tips or a sample lease...