Thomas O'Donnell
Which Maintenance and Repairs Should a Tenant be Responsible For?
How do you determine who is responsible for repairs/maintenance? Obviously if the furnace or AC goes out, or you have leaks coming from the roof or upstairs bathroom, it seems that it would be the landlord's responsib...
Stephen Watkins
First deal seems to good like maybe I'm missing something.
First I've been looking into small multi-family properties to hold that cash flow.
I found a fourplex and duplex adjacent to each other owned by the same elderly couple that listed at $119,900. Did some rese...
Mike S
Under contract on occupied duplex, what next?
This is our first deal that we've actually come to an agreement with a seller and we're in our inspection period. It's a 2 bed over 1 bed duplex that has been rented by a mother and daughter since March 1st of 2013.
...
David Baye
General question about inheriting tenants
I'm looking at purchasing a property with existing tenants. How do I know they are good tenants paying on time? I'm looking in Alberta Canada. I will do the google thing but I was wondering if I could glean some i...
Isidora Sorensen reinero
Dead animal underneath - can I break my lease?
Hi I recently moved to an apartment (studio). Since I moved in I smell an awful odor. It was like something was dead. First week I tried to figure it out what it was. I thought it was the ac that needed maintenance. R...
Coban Scott
Key Real Estate terms
Hi there, I am new to real estate investing and just finished reading Brandon Turner's book on Real estate investing, he mentioned in some podcasts about how important knowing the terminology is and I was wondering if...
Dewayne Carter
Buying the note from bank instead of loan mod or short sale
Hello,I work with foreclosures and wanted to see if anyone has been able to buy the note on a pre foreclosure instead of doing a loan mod or short sale ?Thanks,Dewayne
Celia Moore
Does a Vacation Home qualify for 1031 Exchange?
The answer is “yes” if the dwelling meets the qualifications set forth in Revenue Procedure 2008-16. Effective March 10, 2008. This revenue procedure clarified what was once considered a muddled area of 1031 exchanges...
Andres Alava
Is it wise to purchase a rental property and rent it to myself?
I am fairly new to the corporate/business world. I have started my S-corp ~1.5yrs ago. I have definitely seen the savings as I had been able to keep a lot more of my money and tax savings under this new corporate sche...
Derek Adams
New Member Derek from St Louis, Missouri
I am new to BP and the world of REI. I am looking to transfer my experience as a home owner and experience in the stock market over into passive income with a positive cash flow. I want to first do a market analysis...