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Prospective tenants aren't returning applications
Hi. This is the first time I've formally tried to rent out my duplex (I bought it with tenants and a friend moved in after that). I live in one side.
I have shown my rental to about 20 people within a couple of weeks...
Josh Bustle
Dead Equity - How much money do you leave in rentals?
Hello Bigger Pockets!My main question is how much money do you leave in your rentals? I've got one rental property worth $280k, about 60% LTV (115k in equity). I just closed on my first "Live in Flip" and I'm moving i...
Rafael Floresta
Failed offer analysis, aka how do you help seller understand the real value of their house?
This is a "help me"/ post-mortem of a offer I presented to a homeowner today.
I toured her House, and they are living there, but the house is not even rent ready. They started many projects and didn't finis...
Mauricio Lopez
Neighbor complaning about loud noise from tenant's autistic son
Hello everyone. I am currently presenting a situation I had not come across before and I can use some help from your wisdom and experience. My family owns a rental property in a B class neighborhood in San Diego (Whic...
Nicholas Salvia
Scorched Earth. Is the market going BUST?
hey allWondering what everyone thinks about the market going bust when the Fed EVENTUALLY and INEVITABLY hikes the rate. Id love to hear from some professionals who have been in the business for a while. Do you see ...
Robert Mendenhall
Older area home issues
Good morning BP,Ive been digging in and looking for a multifamily in Columbus to start my REI journey. I was wondering about some issues to look out for in older home areas. A lot of the homes were built around 1900. ...
Justin Fox
Capital Expenditure depreciated over life of property.
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
Aubrey Painter
New to wholesaling please help
about a month ago I bought a program to help me get started in my journey to wholesale and flip houses. I want to get started but i am getting overwhelmed. Where do I find deals and how do I build my buyers list? I do...
James Defazio
Tax professional help needed!!
So this is the first year that I have not had a traditional job and w2 income to show at tax time as well we own 4 rental properties (one in which we live in one side of a duplex). We also did a short term rental on A...
Sushree Mohanty
Guidance needed on first STR investment - location, identify deals etc.
Hi everyone - My husband and I reside in CA and looking to purchase our first STR. Any tips/pros and cons on where to invest which will provide good cashflow? We will hire a property manager so that will be 20% commis...