Richard Hanner
HOA pay for leak damage?
16 August 2024 | 3 replies
If your request was not handle in a timely manner by HOA board and management company, you have a case that due to their neglect you suffered more damage.
Lauren H.
DSCR loan to purchase rental property under LLC
17 August 2024 | 8 replies
However, if circumstances do indeed change over the course of the loan, there shouldn't be a penalty involved if you move into the property down the line for unforseen / unintended reasons (such as maybe in a couple of years there is a family emergency requiring a need to temporarily move into one of your rental properties etc)
Greg Friedman
Hiring a property manager vs doing it myself
20 August 2024 | 21 replies
What we find is that owners in your position can do well in a set of ideal circumstances: the home is in great condition, they find excellent tenants who treat the property with care, and nothing crazy happens.
Mak K.
Roofing- 5 properties- How to negotiate with roofers
17 August 2024 | 8 replies
If this is an insurance claim the process is very different than hiring a roofer during normal circumstances.
Julio Gonzalez
Alternatives to Cost Segregation
16 August 2024 | 2 replies
Every circumstance is unique.
Jose Mendoza
Lease-purchase rental property to a family member
15 August 2024 | 2 replies
Depending on the facts and circumstances of the agreement, it could either be treated either1) the sale occurs as of the original agreement date, and then your taxable gain is generally spread out over the life of the principal payments as an installment sale (although I should mention any depreciation you've taken on your property could affect this), or2) the sale does not occur until the lease option is exercised, and gain reported at that time.
Kar Sun
Clauses in a contract
14 August 2024 | 12 replies
it is not under a normal use when the appliances break down.it comes from neglect, especially when they are new.I have already made a decision.If I get a pushback they can rent a crappy place, not my place..there are always options...Appliances are provided for a convenience and not a part of rent.Tenants will be responsible and I do not have to suck anything up.
Geremy Rosenberg
Should I back out of deal after inspection? Day 7 of 10 due diligence
19 August 2024 | 20 replies
Will absolutely push the due diligence time in order to make the decision and if the seller is unwilling given the circumstances, i think as you implied that is perhaps a bigger red flag than anything!
Rick M.
GA Landlord Advice about Evictions
16 August 2024 | 2 replies
We reluctantly signed a 2nd year with him because we did get all of his late payments and the property was taken care of.During the 2nd year, I let one late payment slide as a courtesy due to tenant family circumstances.
Cody Z.
What happened to David and Rob on the BP Podcast?
19 August 2024 | 52 replies
I don't appreciate these giant real estate personalities or influencers/motivators because it's stupid and unethical for people with kids and families of limited circumstances to be told they have a good probability of owning a "thousand doors."