I currently live in a single-family primary residence. Next year, I plan to purchase a second home and move into it. I intend to rent out my current home as a short-term rental. Before listing it on an STR platform, I...
Hello everyone!
I will be a new landlord of an SFH in the Dallas area for the first time so I am not familiar with how things are usually "done" in TX or Dallas.
Here are some of my questions.1. It's a brand new ho...
After almost 10 months of hard work, I have completed by first BRRRR deal. With the appraisal complete, I now have a chance to look back on the results and offer some lessons learned for others to take note of. I have...
Hello BP community,
I am currently renting a home to a family that has been in my unit for about 3 months. Since they've moved in there's been numerous complaints about the A/C not cooling to the desired temp and ma...
We bought the house after the bank had remediated mold and gutted everything just leaving studs in the whole house- Goes on the market today.
I'll post the before pictures shortly.
https://skydrive.live.com/redir.aspx...
Hello BP!I was on vacation out-of-state last week when every investor's vacation nightmare happened: My tenant called and told me the unit was flooding (being destroyed). I called Service Master and they were able to ...
If all goes well tomorrow, I'll own a factory. Pretty much comes down to the environmental certs. 12,000 plus square feet, new rubber roof, new dry sprinkler system, 50 foot ceilings, 600 amp 208/120 3 phase power, su...
Sorry for the lengthy post, but I've run into something I haven't had to deal with in the past. Not sure if there's much else I can do, but wanted to post what's going on here to see if I'm missing anything.About a mo...
Hi All, got a question about property management just so we can compare numbers. I'm wondering how much most of you pay for the maintenance portion of your property management company. Do you pay just how much their h...
Hi BP,I have a question when you have over $500K in gain when selling your primary residence. Let's assume the big concern are the tax implications since the projected gain before the exclusion is $1.2M; see projected...