Brad Sicoli
Rookie mistakes with 1st tenants; where to go from here?
Sorry in advance for the novelI bought my 1st rental property on aug 28. It was a duplex and in september I converted it into a triplex. The property came with tenants living in 1 unit month to month and the owners ...
Kyle Hipp
Applicants having a friend pretend to be their landlord for reference
I am currently listing a place for rent. I have this couple come over and explain to my wife prior and myself at the showing how their current place is bad and that the ceiling caved in twice. They go on with some oth...
Chris Shepard
New Goal: Purchase 400 units this year
Hey all, My brother and I own and operate a small property management and construction company in Portland, Oregon. We've been in business about 5 years. We are also a licensed plumbing company and a licensed contra...
Account Closed
Doing Your Own Title Searches
Is anyone able to do their own title search to see if there are any liens on a property or do you just contact a title company?
David Cherkowsky
Do I need a partnership LLC to depreciate and write off expenses on a rental property
I purchased a rental property earlier this year, and it will be my first year not taking the standard deduction. I met with a tax professional I found through BP, and in our planning call, she mentioned that if you ar...
Jasmine Russell
Rages to riches, or at least fairly wealthy
I'm wondering if anyone would like to share a short cap of their story. Have any of you started Real Estate with no money or very little? Where are you now? What niche did you start in? I don't buy into all the hype v...
Alicia Marks
QOTW: What are your best (and legal) tax saving strategies?
Since it's almost the end of the year, I wanted to focus our question on ideas and strategies that can help us make last minute changes to help lessen the tax burden, or to start the year with best practices.
Let's h...
Rich Weese
OK-mathematicians, where are you??
A reply on another thread made me wonder about something. Mikeoh mentioned fannie mae is showing 5% appreciation annually over the past 50 years on average. The Rule Of 72 says that to find out how long it takes to do...
Zeeshan Mallick
What happens if rental property value goes down?
Hello Everyone,This is my first post on BP, as I just made my account a few moments ago, so please excuse me if my forum post is not formatted correctly.I am looking to buy my first rental property around July 2020, h...
Raymond Guillotte
Looking to get started in about 12 - 18 months.
Hey all. This is my first post on BiggerPockets and I look forward to interacting with everyone! I am two years out of college and it is clear to me that there has got to be a better way to financial freedom then my c...