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Results (1634)
Sudhir N. Qualifying as real estate professional (meeting IRS definition)
8 January 2023 | 8 replies

I presently invest in multi family properties in PA. I look for properties, buy and hand over to a property manager for day to day management. I spend considerable amount of time setting rents for new leases, renewals...

Chris Lynch Real estate investing vs Franchise investing
3 December 2014 | 8 replies

With a fairly low income (43k) I have been searching for investments that will increase my income so I can then snowball the larger amount of income into more investment's ultimately creating long term wealth. After s...

Account Closed Basement Unlivable Lease Clause
31 March 2016 | 10 replies

Hi, I have tenants in the property already.  I made it so that the lease is not automatically renewable.  The current lease goes until October 2017, not a disappointment, but i do know that are ways to improve because...

Callum K. Renters with Ferrets
26 February 2022 | 13 replies

Good morning,
I received an application for renters with ferrets and I am unfamiliar with the kind of impact ferrets have on homes. I know cats urine is bad for homes, and large (especially aggressive) dogs can be as...

JJ Cole Help - Repair Issue Tenant wants alternate accomodation
20 December 2012 | 15 replies

I have a plumbing issue that has made the washer connection and kitchen inoperable due to clogged line. It may take 7-10 days to fix depending on the problem (plus factoring in Christmas holiday). Tenant wants me to ...

Jeff J. Increase deposit for smokers?
27 March 2019 | 14 replies

We just got done turning around an apartment vacated by a heavy smoker. We had to wash (to get rid of the tar) and paint the whole apartment and use an ozone machine to help get rid of the smoke smell among other ...

Anthony Cross Type of Rental Property Insurance
23 March 2016 | 4 replies

Hi BP.  I'm analyzing a few properties for my first investment property purchase, which I plan on renting out to my brother and a few of his friends in a college town.  I asked my homeowners insurance carrier for a qu...

David Krulac New Hot Water Heater Regulations April 16, 2015
28 April 2015 | 17 replies

New Water Heater GuidelinesNational Appliance Energy Conservation Act (NAECA) - On April 16th, 2015 the NAECA will require all manufacturers to make new water heaters to comply with the new standards. The change ...

Jerry N. If you don't have a property manager, what about vacations?
9 December 2016 | 12 replies

It seems that the BP community really supports use of property management services.  We (a couple) have a very small portfolio and are owner occupants in one of our buildings.  We question why some people with small l...

Mike Jakobczak Where to snag a hot deal in the US
17 February 2012 | 13 replies

Just finished reading a article on where to snag a hot deal in the US, which was featured in the Canadian Real Estate Magazine this month. The article talks about areas and list the top ten areas. These were based o...