Eric Neal
Thinking about moving to Detroit for a good job.
Hello, Fellow BPers,I am reaching because I am pursuing a pretty exciting oportunity with a major US Bank in Detroit. I worked for this company before and have faith in their payscale, corporate leadership, etc. My ...
Account Closed
Buying Grandma's apartment complex... Ruffled feathers/financing
My husband's grandma is the sole owner of a great apartment complex in Aptos, CA a block from the beach, which is really expensive to buy and to rent right now. Currently they are charging $2200 per 2bd unit in rent a...
Paul Bowers
Using a % of rent to calculate CapEx seems wrong to me
I'm brand new at this but it seems that using a percentage of the rent to set aside for CapEx doesn't seem to make sense. Let's assume I buy two different 1,500 square foot houses and one rents for $2,000 per month a...
Sara Soleimani
Tenant Trash Hoarding - Refused to let us in
After three months of giving notice to our tenant to inspect the property and getting refused and canceled last minute, we finally entered the condo and faced the disaster. Massive trash accumulation and hoarding. I c...
Drew Pak
Time to exit market???
Hello all, I was wondering if anyone has thoughts on the status of the Sacramento Real Estate market. I have several single family homes bought between 2009-2013 and and wondering if the market is topping and if it wo...
Phil T.
Investing out of my area as a beginner?
Hi all! I'm saving for my first rental property and have a question I was hoping to get some input on. Rentals are pretty expensive in my area (Washington State), so I was considering buying out of the area. I've hea...
Allyn Wijnveldt
Newbie from Oahu Hawaii
Hi everyone,
I’ve lived on Oahu all my life. Have a degree in accounting from UH, realized I couldn’t do that everyday, so continued to work in the automotive field during and after college. Still doing so today.
...
Jim K.
Embarrassed to be called a landlord?
Is this actually a thing? The community is even referenced here.The Landlords Embarrassed to Be Called Landlords
Bei He
How to get building value for rental depreciation (tax purpose)
I purchased a Gilbert rental property last year now I'm doing my 2021 tax.I have a question for the Arizona property depreciation.Usually we should use the building value, which is (purchase cost - land value) to do d...
Sandra McKeever
Property With Existing 3 Year Lease Long Term Tenants
New member here and I have a very interesting situation with a house we are looking at - We haven't seen the leases yet (but requested them) for a 2 family house we looked at last night. The current tenants have been...