Corey Dulimba
One Time Lease from property manager vs. DIY
Hello!I'm working on getting my first rental property and have an offer out currently. I'm thinking about the leasing process and how to tackle it. Originally I was just going to DIY it but, now I'm thinking of paying...
Christopher J Lemmon
Determining Depreciation Write Off
I have 2 SFR that were purchased and placed into service this year. I have one more that was a personal residence that I placed into rental service at the beginning of this year. How do I determine what the depreciati...
Minh Le
Delayed Financing in Houston, TX
Hello BP community,I am ready to make a cash offer on a major rehab property and plan to utilize the delayed financing exemption to get my capital back out (sales price, closing costs, and rehab). I am hearing conflic...
Kweku Ako-adjei
Update property stats at Snohomish county recorder's office
Hi all, I have a rental property that I'm putting up for sale in Snohomish county (Edmonds) in Washington state. When I bought the property, it was listed as a 3/1 but its actually a 4/1. When you look at the county r...
Tyler Hodgson
First Flip - any advice appreciated.
Currently have two rental properties, but this deal will be my first flip. Here is my question: - Me and a partner are going in on this deal together, all cash purchase. Both contributing cash, both managing the proje...
Colin Ross
Does anyone charge a "call out fee"?
Hi all - I just got my first rental property, and I am writing my rental agreement. I was thinking about adding in a "call out fee" clause, which basically says that if they call me to the property, they pay me $20 (r...
Neil Goldman
Investing with a Friend / Creating a Company
BP friends, seeking your advice. A friend and I are diving headfirst into real estate investing. Our goal is building a successful investment portfolio. I bought/financed our first rental. He bought/financed the s...
Petra M.
[CA] Seller wants terms changed right before close?
Purchasing a $1MM vacation condo and the Seller noticed that we're splitting the hefty $15,000 HOA Transfer Tax 50:50. He wants us to pay for all of it. He just caught this right before the loan docs are being drawn...
Account Closed
Refinance Rental Property Under my Personal Name from LLC
Good Afternoon BiggerPockets Family, I have a few questions in regards to refinancing my rental property, I currently have under my LLC. 1. Can I refinance my property which is currently under my LLC to my personal na...
Lucas D. Bubb
Is it possible to rehab a house by myself and still make profit?
I have been talking to people in my area (Lebanon County, PA) and I have been told over and over that contractors are too expensive in this area to make any profit when rehabbing a house. I have read J Scott's "The B...