Michael Plaks
Tax reform Q&A Thread 3 - Itemized and business deductions
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of personal itemized (Schedule A) deductio...
Lahiru S Hettiarachchi Gamage
Cash-out refinance after cash deal
Everyone,I (and a partner) got a property offer accepted for a cash deal. Now we are looking for cash out finance option. It looks like we have to wait 6 months as a requirement(having title to name).We are doing it f...
Daniel Okeefe
tenant very upset with non renew notice
Hi BP. I don't post a whole lot but find the BP forums to be very informative so just looking for feedback or advice. Long story short, decided to not renew a 2.5 year tenant that paid the rent,kept pretty much to hi...
Alex Molina
Lease Renewal. What is the standard rent increase rate (1%, 3%, 5%, etc)?
Hello, I have a rental in New Haven, CT (3 Beds/1bad). It's currently renting for $2095 and the tenants are going to complete their first year in the property and intend to do a lease renewal. According to my property...
Patrick J.
Alabama Rental Market
I am really curious about the Alabama market. In particular, why do renters rent for $800/month in Birmingham or Montgomery when they could get a mortgage for $200/month??Also, why is there no appreciation in those ma...
Devin Haertling
Charging tenants late fees
I self manage 6 SFR. With my first lease I started with a flat $50 fee if rent wasn't paid before the 7th of the month at 9pm. A tenant took advantage of that and now pays at the end of every month but I get an extr...
Jack B.
Tenant has unauthorized pets, but already moving out
TL;DR: do I charge them the non refundable pet fee of $400 in their final months rent or take it out of their deposit when they leave? They've been a problem tenant as of late...They rented from me for 3 years (yep, I...
Rachel Gill
Non-Licensed Contractor
Can someone inform me of the dangers of using a non-licensed contractor for a rehab? I have a contractor who does excellent work, is vet professional, and an excellent communicator, which in my opinion is hard to com...
Marcin O.
Downstairs neighbor complaining about my 2 year old kid noise
2 months ago we moved in into 2 story apartment complex. We asked for first floor because of our toddler son, but realtor and leasing agent only offered us 2nd floor, and affirmed us that kids were not an issue.After ...
Kristi Wolfe
Should we bother with small claims court?
Long story short: Should I bother taking a nightmare previous tenant to court for $1500? I looked at the pro se small claims court website in my area - which is 45 minutes away, and it says that ALL cases are referr...