Kyler Tarr
Knob and tube wiring
23 January 2025 | 7 replies
The seller can pay for it at closing (the title agent will cut the check to the trade to ensure there is no resulting lien) and provide proof of the replacement to the insurance provider.
Leon George
New to BP Community
21 January 2025 | 12 replies
I’m committed to keeping my options open and continuing to learn about being a landlord to ensure I’m well-prepared for my first purchase.To improve my ability to analyze deals, I’ve developed a two-part plan:Join a local BP meet-up group to discuss my goals and support others.Continue learning and engaging with the BP forum.Thank you again for your guidance—it’s truly appreciated!
Jonathan S.
Passive Real Estate Investing
15 January 2025 | 10 replies
I want to ensure that the structure of these investments I am working on correctly address key issues for investors.
Mike Richards
Deduct from rental income more than one year of Real Estate taxes?
31 December 2024 | 3 replies
Keep detailed records of payment dates and amounts and consult a tax professional to ensure this strategy aligns with your overall tax planning.
Kenneth Jenkins
Maintenance Expectations in Metro Detroit
3 January 2025 | 6 replies
If you get a quote significantly below the numbers above you need to ensure that the contractor will actually execute the work and perform it to the required standard.
John Matthew Johnston
Nurse to property management company
5 January 2025 | 9 replies
They'll also help ensure everything is in compliance.
Sunny Wu
Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
Framing your position as fair such as explaining the difficulty of finding renters during off-peak months - might help maintain a positive relationship and reduce risks of property damage.Prepare for What’s NextEven if the tenant moves out early, ensure you’re protected.
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
Interview a few PMs, ensure they align with your goals, and stay involved by reviewing monthly reports.
Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
Cash flow is helpful because it ensures the property pays for itself and is a safe investment.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.