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Hi BP! Question on screening. I am just getting the second unit of my first investment property (duplex) done and hopefully rented out very soon! After advertising and sifting through applicants I have 3 bible school ...
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Hey guys,I understand that with a residential rental property, we are able to depreciate the house, not land for 27.5 years. My accountant told me that he would be able to accelerate the depreciation up front during t...
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I'm looking at a 9 unit building.
All one bedroom units
Monthly rent is $7450 annually $89,400
Building age 46 +/- 1
Cap rate 5.22%
Asking price $989,505
How do you use the rental price to get to a building value?
...
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Good afternoon! Im currently under contract with our first investment/house hacking property and we have come to a small halt. The property we are looking to buy seems to have had an addition added to the top making i...
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Hello
I am familiar with the calculator under tools > Rental Property. Is there a different calculator for Mobile Homes? After all they probably depreciate faster in the books and have little to no appreciation,...
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I've sometimes wondered if a pet deposit is even enough to cover potential damage a pet may cause. Scratching, peeing pooping...Have you ever rented to pet owners whose pets didn't actually cause any damage?What's the...
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I am an investor in Syracuse, NY, an area with lots of self storage competition and a few large regional players. I believe there is still room for more and I have been researching and hoping for a few years now. I ha...
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The theory I heard is, if the PM does a good job, normally the landlord wouldn't bother to switch the PM company, so they shouldn't worry about the early termination. So, any good reasons to justify such charges?
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JUST CLOSED on a wholesale deal here in Kent, WA - here's how it went down!
To get the deal, I got a list of homes in two separate cities all older than 1990 and sent out 16,000 "We Buy Houses" postcards to the addre...
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Has anyone used the Kukun estimating software that Biggerpockets provides? If so, have you found the numbers to be accurate for your area?