Good afternoon. I have a tenant who has been in a property for about nine months. When he signed the lease and moved in I had a 3’ fence around the yard. Now his dog has learned to jump over the fence. He wants me to...
Hello all!If you manage and maintain your own properties, what spare parts do you stock?What I have in mind are things that might make the house "unlivable", or parts that can be used to at least make the house safe o...
Hey everyone,
I'm 22 and after a lot of deliberation, I have decided to get into real estate with the ultimate goal of financial freedom. I'm a finance student and have recently been studying real estate finance with...
Hello, all my BP peps.
My husband and I recently (closing tomorrow. Paperwork signed and $ being wired. Officially taking possession) purchased an REO home in an expensive gold course community. We mainly wanted a h...
This is kind of a long story so I will just shorten it tremendously.My previous tenant (also my first real tenant, besides the previous owners of my multi-family home), was schizophrenic. She thought that my wife and ...
Insurance: what’s your “it saved me” success story?We’ve all heard the horror stories and know the illogical thinking behind not having property insurance.However; In reviewing all of our property insurance with my EX...
Yes, I know. Being lied to is nothing new but here's the story:Last Friday, they we complaining that their stove wasn't working (eventually we found out their complaint was that one of the 4 coils/burners got "too" h...
Hi everyone, I'm a new investor looking to purchase my first investment here in the next few months. As an OOS investor, I've narrowed my potential market down to either Cleveland or Columbus, Ohio. My strategy is t...
Just rented out my primary residence and researching insurance coverage. Here is what I have learnt. Please do comment if wrong:
If you are not residing in a unit then a homeowner’s insurance will not cover anything....
If you do a cost segregation study, and take the depreciation early, when you sell the property do you have to pay it back as depreciation recapture if you are doing a 1031 exchange? Scenario: I have two Airbnb’s I wa...