I wanted to get your thoughts: In my lease, I state that any repairs less that $100.00 are the responsibility of the tenant. I have a younger tenant who is asking me to send someone out to change a lightbulb. I sent o...
Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...
I'd been searching on and off for almost a year to find appropriate insurance for my Tahoe STR. I was turned down by all of the companies that are often mentioned here (Proper, Steadily, Foremost, American Modern) an...
I'm a realtor in Oregon. My principle broker last week dropped a bomb on us, saying that balloon payments are going (have gone?) bye bye, and that most people who are going to carry notes on their own properties, will...
Hello all!
I am new to this site and have been getting active on many threads and I see a common theme in the rental area - investors are managing their own property. I am wondering why so many investors are not usin...
Hi, I just bought my first rental property last month. I live in NY and my property is in FL so the property will be run by a property manager. I just received the property management agreement and the cost of prop...
This isn't what I was hoping to be doing today, but here goes! I have a tenant in a newly renovated detached mother in law suite, well kept, well maintainanced unit, whose rent of $950 is due on the 10th of each month...
Just bought our property last month and there was an existing tenant. In the current lease that he signed before we purchased the property he has to pay rent in full on the 1st. There was no late fees in the lease. No...
I recently purchased a course on lease options that came with a number of legal documents including a purchase contract, lease agreement, and an option agreement.
I'm happy with the course but I'm...
Hello BP,Has anyone found a service that is friendly to MH investors with regards to having seller financing set up to pass DF/SAFE Act scrutiny? This would apply not only to those who want to by and resell with finan...