Ashly B.
Tax question: Owner financed payments
I am hoping to do my own taxes this year but got a little stuck as I was finalizing my books. I purchased a SFH in Oct. 2021 with owner financing that is still under renovation. I understand that any renovation expens...
Cory Lucas
Tenant just moved in already making request?
I just got a tenant moved into a new property that I recently acquired and he was due to pay a prorated amount for February and instead paid double. I brought this to his attention via email, asked if he would like it...
Shain Cannon
spare bathroom remodel while tenant still occupies dwelling
Bit of an odd scenario:
SFR with 2 separate leases, each lease to occupy their respective half of the house (clearly laid out in each lease). The tenant in one half of the house has broke his lease and moved out. (A ...
Stephanie Brown
As LP in multifamily: depreciation write off preferred returns?
Most general partners say that the losses you can show after a cost seg study with multifamily will write all all of your income that you received via preferred returns while that property is being held and paying the...
Ethan Bennett
Did we ask too many questions during the buying process?
We are in the process of closing on a home and had 4 questions for our REA. Keep in mind that all of these questions are relevant and should be asked before closing. Such as - there is a whole house generator instal...
Tony Rice
Just introducing myself
Hello everyone. My name is Tony Rice, I currently living in Port Saint Lucie Florida. Im 38 and have two teenagers. I’m a plumber by trade. I own no real estate as of yet. But my goal is to buy by Dec. 2021.
Brandon Finkelstein
Looking for advice on getting started. I am new to the community.
Hello everyone! I am new to BP and real estate investing. My name is Brandon, I am 41 years old, live in Vero Beach, FL. and make 50k/year. I have been in the construction industry since I was 18 years old. For the la...
Louise Robaina
Reduction in rent request
First time posting anything....We have one new tenant. She is requesting a reduction in rent because we had a heater (vent) problem that we quickly resolved, but now the unit above hers may have a sink/tub leak that...
Kelly David Sansom
Property Tax Higher on Rental?
Hey helpful people, I know that in some states property tax is higher on a rental property than an owner occupied. Is this the case in Chattanooga? If so, what is the rate? Good to know so as I look at Zillow estim...
Kristos Sfinas
Thanks for welcoming me to BP
Good afternoon Biggerpockers. Long time lurker but Im ready to enter the game, again. Quick background on who I am and what I have done so far. I go by Stos and was born and raised in Upstate NY, went to college in Bu...