Sheen Jowl
tax implications when moving properties into LLC
Hi BiggerPockets,I wonder if anyone has experience in moving properties from personal name to LLC. The properties stayed on my 1040 Schedule E for a few years and have accumulated loss when depreciation is included. H...
Brian Sheen
Did I get screwed on this flip?
Evening folks! New to the forum and new to the flipping industry! However, not new to contracting.I'm looking for a third unbiased party to help me decide whether i got screwed or not screwed. Post might be long...I ...
Sheen Jowl
hurricane risk defeating better rent to price ratio?
Hi BiggerPockets forum,
I'm a single facility rental house investor in TX. I've been concentrating in Austin and Dallas. While it's good to enjoy the appreciation, I'm thinking diversification to Houston for larger c...
Jay Durant
Interior paint finish for rentals
Hello is semi-gloss paint good to use throughout the whole house for a rental unit? Thanks in advance
Tom R.
Dont buy paint from Home depot.
I brought a paint sample to home depot to match and purchased a sample. I only needed enough to cover a few sq feet. When I went to use the paint it didnt match. I took it back to the store for a refund and they refu...
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
Hello Everyone,
I own a short-term rental (STR) in East Downtown Houston and currently live in Austin, TX. I started operating the property in mid-2023. Initially, the business was cash-flow positive for the first th...
Rehaan Khan
How to deal with a bad contractor?
I hired a contractor who left his workers unsupervised, they painted the whole house but did a terrible job because the paint didn’t stick. The contractor tells me I should’ve gotten better quality materials and wants...
Andrew Fredrickson
Interior Painting
Hello BP community,
I am inquiring about what others have found to be quality, interior paint products that don't break the bank. I've done a fair share of painting myself and am at a loss to find a product I'm compl...
Mil Sanghvi
WHAT TO DO WHEN A TENANT SIGNS A LEASE AND WANTS TO CANCEL IT IN 5 DAYS?
Hi,A tenant looks at the place while it was in move in move out clean up. She signs a one year lease on July 11th and the move in date was set for July 17th. She gave me $500 cash at lease signing $366 for pro rated J...
J. Martin
Capital Expenditure Costs: A Case Study on SFR & 4plex - What do you use?
I was surprised by the amount of long-term costs I calculated and even more surprised by what my biggest costs were going to be!!!! I also learned about better ways to estimate long-term expenses. Flooring and interio...