We just completed taxes for 2020 and with cost segregation study for one property we were able to write off $640k in depreciation for 2020. We paid $1.97M for this property and closed in 4th Qtr 2020. With our structu...
I am working to create a private tenant database for my local community to be accessed only by landlords.The system will allow landlords to list the tenant’s info, property address rented, rate the tenant, upload phot...
Hello Fellow Landlords,I purchased a two family residential property (vacant) that has a commercial unit on the property but complete separate (occupied by a pet grooming store). This is in Binghamton NY. The groomin...
Hello everyone, So I just graduated as a pharmacist last year and like most health professionals I graduated with massive debt. I've set my mind to be aggressive in paying my debt (4-5k a month), which would allow me ...
I need help with how to proceed with a dilemma I'm having with my tenant. She's been with me for 2 years; is on time with her rent monthly. However when it comes to maintenance task that I ask her to address they lar...
I have learned a ton on BP and I completely agree with the notion of not paying the gurus to teach you stuff they may or may not be doing. However, is it ever a good idea to spend money on some training or to get acce...
I'm formulating a spreadsheet to assist me in quickly analyzing potential rental properties. I would like to calculate the property value based on NOI using the following formula: Property Value = Net Operating Incom...
I have a SFR rental property in Fontana, CA that is worth 390k and I owe 255k. I am 1 year into a 20 year mortgage and have had same renters for 6 years no problems. I am not cashflowing, but obviously trying to pay...
Do you just love real estate? Or, like me, do you just like business in general? Was it the "glamour?" Or was real estate simply the vehicle to financial freedom?For those of you who have or are making this a busin...
I'm about to build a 3 bedroom pool cabin in Wears Valley/PF area and I noticed most of the new cabins have pools. Are most pool cabins being built fiberglass, vinyl liner, or gunite pools? I want to go with the bes...