Jonathan Small
Single-Family vs. Duplex: Which is the Right Investment for YOU?
16 January 2025 | 3 replies
Additonally house tenants take care of lawn maintenance and snow removal, and pay all utilitites.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
11 January 2025 | 9 replies
In areas like Dallas or Fort Worth, I’ve seen professional cleaning range from $300–$600, especially when dealing with pet-related cleaning like removing cat hair from carpets.
Bradley Buxton
What are the scariest things about real estate investing?
5 January 2025 | 24 replies
Prop 33 is trying to get the exemption on rent control of SFR removed.
Michael Lynch
HELOC In 3rd Lien Position Question
4 January 2025 | 5 replies
I actually ended up doing a 1st position HELOC and removing the mortgage all together.
Dylan Watts
Single family rental unit with a pool
14 January 2025 | 7 replies
At 2 properties removed the pools.
Sean Gallagher
Taking over an existing lease with addendums, RBP, BPP.
4 January 2025 | 11 replies
However, you can make changes as long as all parties agree.If the tenant agrees to removing certain clauses, or starting with a new lease, then you can move forward.
Account Closed
Non QM lending
9 January 2025 | 7 replies
A DSCR loan only removes the income piece and adds a slightly higher rate and prepayment penalty.
Melanie Baldridge
A post on recapture.
20 January 2025 | 1 reply
For larger properties, some of our clients run another cost segregation study at the time of sale.2) Partial Dispositions - Taxpayers can carve out and dispose of components removed or demolished from a building.
Steve R.
Evicting tenant who's made partial payments. Do I need to give them 30 day notice?
18 January 2025 | 3 replies
As soon as a tenant fails to pay rent, you can file a complaint without waiting 30 days or issuing a separate notice (unless your lease requires one).That being said, it could be a waste of time/fees to run to court because tenants in NJ may come even on rent (even after you win the eviction case) and then they won't be evicted: “The tenant shall have three business days after service of the warrant for removal to pay all rent due.”
Leon George
New to BP Community
12 January 2025 | 11 replies
Here are additional comments:1) Buying out of state removes any local knowledge you have from assisting in your success, including knowing areas, people and costs. - We always recommend buying your first rental locally if possible and DIY managing to learn as much as possible before investing OOS.2) Lots of crooks and incompetents in the PMC world:( They both cost you money.- As already stated, you'll have a small portfolio.