I recently read a local business journal article that predicted insurance was going to go up by approximately 20%. The main reason was under insured properties due to property values continuing to climb along with an ...
For example: you buy a rental property for $100k.$40k attributable to land and $60k to building.You sell it 5 years later for $150k.You'll need to take $2,182/year for depreciation (see MARCS 27.5y table), so that's $...
Hey everyone! I have a tenant set to move in three days, luckily I was able to get in early to get maintenance an repairs going in prep for the next tenant. However, my visit last week revealed massive amounts of ciga...
I’m a 24 year old living in Folsom at my parents house. Because of this I have a monthly savings Tate of 85% on an 80k salary. I plan to live at my parents house for another year or two.I now have 100k on hand and was...
Aloha! We're considering transitioning our primary home into a rental and need advice/ideas on how to improve our (older) home's curb appeal. We're not looking into turning it into prime flipping condition, but we wan...
I have a Condo located in Los Angeles, CA and the upstairs neighbors are very loud. Every step you can hear downstairs. Hoa hired a company to come do a sound test of the floors and they failed. Test said they need t...
Good Morning,
I have been to a couple of training sessions with Bill Barnett. He has a fear fighter program that costs $30k to join. He guarantees that he will fund 2 deals with you cost rehab etc. I turned i...
My wife and I built our home in Utah in 2014. Bought the land for $94k built our home for $200k subbing it out ourselves and it recently appraised for $475k. We have some time now to get more involved in real estate. ...
Hi BP!
Would appreciate a little feedback from my fellow BPers! Here is the story...bought a fixer upper a couple years ago and have a nice bit of equity in it now(its my primary residence). I took out 115K w...
i forgot where on BP i read this mentioned, but is it some sort of rule?if i remember correctly, the author said something to the effect that bare minimum for return on a good rental property anywhere would be at very...