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I'm wondering if a non-owner occupied short term rental (Air BnB) should have a depreciation term of 27.5 years (residential rental building) or 39 years (commercial rental)? I own 2 small single family homes which a...
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I am tired of sitting on the sidelines and want to dive into RE investing here in Southern California. I have been to auctions at the county steps and those advertised in the newspapers. I have checked out foreclosure...
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Grateful for the collective wisdom here!I am in the process of searching for my first tenant. We've had a few applications but only one person meets minimum salary and credit score qualifications (meeting him tomorro...
A little over a week ago my husband and I closed on our first home and first rental properties. We were looking to house hack for our first home in the south city. An investing company my husband is an acquisition ma...
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We are making an offer on an 1940 built home in down town Denver. This home is 750 sqft with 750 sqft in basement. Lot size 4500 sqft. There are tenants living in the home. Home is not well kept and needs a lot wor...
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Can I get an equity loan with bad credit? The house is paid for. I’ve been working my same job for 5 years! I want to use the money to get it up to code and then rent the bottom unit out, plus fix my credit! Can I get...
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I haven’t purchased an investment property yet (outside of my primary residence kind of being a live in flip). I’m not ready financially to do so today. However, I’m considering selling my house to cash on out on the...
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I have a listing that is for a vacant SFH that is (in my humble opinion) a great starter house or down-sizing house for someone. It sits down the hillside of the street address..... and the driveway is the major hicc...
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Good morning everyone,New to the community here and eager to get familiar with the site. I am somewhat of a newbie to REI...about 4.5 years ago I inherited a rental property thus my experience is limited. I attended O...
Hello everyone!I have a unique situation presented to me and I would like yall's opinion.My grandmother passed away and left her house to my Mother and Aunt. Everyone wants to keep the house in the family but I am the...