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I've got one single family rental so far and had an excellent experience with my first tenant. She's military and has taken great care of the house as well as paid on time every single month. She's getting transferre...
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Good afternoon,I am in the process of purchasing a home which requires a rehab/repair budget. The lender will be doing a holdback of the budgeted amount, and I am curious as to how this process will work in terms of ...
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Hi all - I understand the benefits of cost segregation in year 1 and how you can front load the depreciation of the unit. However, in future years, isn't the depreciation much less? If so, then how can one still maint...
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What is best way to manage a pest problem at one of your properties? Or a really good way of preventing it from happening?
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Good day Everyone,I am a professional in tech, my wife is a realtorI bought the house last year and incurred a net loss. When I filed taxes using turbo tax, I filed Schedule E but there was no form 8582 which is to d...
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Hey BP,Any tips for evictions in cook county? I have a 3 flat and have finally received eviction order from the judge after 6 months. If my tenant doesn’t leave, I can file for a tenant to kick them out and give me ac...
Does anyone have any experience with offering Wifi to tenants? I live in a triplex with tenants and I was thinking of buying wifi and offering as an additional fee to the rent. Does anyone have any experience with thi...
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I own a 3-unit multifamily property in Elizabeth Port, NJ. I got a study appraised (I haven't committed to the appraisal yet) that claims they can write off anywhere from $76,000 - $117,000. A couple of questions:Does...
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Can anyone recommend a good property management company in Memphis?
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What's up BP!
So I'm closing on a rental property in about 3-4 weeks. I'm inheriting tenants and I want to know if and how I can screen them before I actually close and inherit them. Do I just need their names?? How ...