Feng Ye
insurance cost for older investment houses?
Hello there,I am thinking of buying my first rental in Florida (either Orlando or Tampa), however I was warned by a friend who bought a few months ago and had to spend 3000$ on landlord insurance. He said that there a...
Heidi Kenefick
1031 exchange and depreciation recapture?
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...
Christopher Stewart
High End Class A ENTITLED renters
I have had a couple of typical 3 bdr/2bath suburban long term rentals over the years and generally the tenants are pretty realistic. I recently moved out of much more expensive home and renting it. It's 7k/month rent ...
Rashee D.
Rent 11 days late, what should i do ?
My tenant always pays rent late but usually before the 4th. This month the tenant still has not paid rent or reached out & today’s the 11th. I already informed the tenant that there will be a late fee than she tol...
Patrick Menefee
Small victory-first property (4plex) finally under contract!
This is just the start of my journey, both for this property and for my REI career, but I learned a lot in the long time it took me to get this property under contract. Want to share what I learned along the way in th...
Bethany Phillips
Tenants Want Reimbursement for Broken Washer
Hello, I was made aware by one of my tenants that the washer was broken on sept 14. I called my handyman immediately, who was able to get there two days later to take a look at which point he informed me it was out of...
Francis A.
A 10-Bedroom Mansion—for $284,777 - New York Times article (Ohio, Detroit, Georgia)
Here's an interesting article from the NYTimes. http://online.wsj.com/articles/bargain-mansions-lu...
Kat Hughes
To 1031 exchange and BRRRR or not?
Hi! Currently about to close on a multi unit at 228K. Profits will be at around $100K. Would like some feedback/opinions on what strategy to go with next and pros and cons of 1031 exchange.PROS:we won't be paying th...
Mark Devens
Flipping Mobile Homes...Does it work?
There's a lot of discussion about flipping houses, but what about mobile homes? I'm just starting out in real estate, but to me it makes sense (at least for a little guy like me), because there's less money invested, ...
Sacha LaCoss
Just Saying Hello-Introduction
My husband and I became accidental landlords about 9 years ago and were basically hobbyists with a SFH that has an ADU that we ran haphazardly for a number of years. Two years ago we got serious and began treating it...