I own a house in Portland Oregon and I have an applicant that says they smoke but they’ll do it out side. We have posted we have a strict no smoking and no pets policy in our two unit building. Is it legal for me the ...
Hey everyone,
I have potential off market deal from a friend of mine. It is 2 unit building that has potential for a 3rd unit as well. I am thinking that if we could come up with some sort creative financing contrac...
I am thinking of making an all-cash offer to purchase a SFR with existing fire damage in the kitchen at a price well below market value The property is in otherwise solid condition and in a great neighborhood. I plan ...
A question on depreciation for residential investment properties. When calculating depreciation, the regular schedule is to depreciate the property over 27.5 years. Do I need to separate out personal property (applian...
Hi everybody,First off, let me thank you in advance if you reply to this post! BiggerPockets really has a great thing going: newbies ask questions, experienced investors provide answers, relationships are made, deals ...
I know it varys a lot. Still, when you add the numbers and divide it by the number of flipps...
As a local landlord, I'd love to hear from other landlords in Saint Paul who've been in for at least a few years now, specifically how are your rentals doing post rent control? What's your bed/bath combination and wh...
What are some good write ups on offering owner financing... the dos the don'ts... the risks and benefits (i'm guessing asking for higher value). Let say a property is purchased for $20k with all cash. I put $5k int...
Hello,I had some renovation expenses in 2020, for which I was not able to issue 1099 forms on time and to send out to the subcontractors. Does IRS accept carrying those expenses over to 2021 if I issue and send out th...
To preface - I am really a new investor.From my understanding, if you want to purchase off-market, oftentimes you are dealing with wholesalers or people who need cash now.Unfortunately, conventional and commercial loa...