I recently paid a builder about $4,500 total for several projects at my rental home in Indiana. These were: building a new wood deck at back door, building new staircase in basement, installing a new window, repairin...
We had a renter who had to end her lease 1 month early. We thought that since she had always paid rent on time, that we trusted her and allowed her use her security deposit as last month's rent. I know- STUPID move ...
Hey BP,
Could someone give me a run down of how 1031 exchanges work? I understand that the benefit is you do not have to pay capital gains tax, but how does it work exactly? Any feedback would be great.
Thanks,
Tom
Lease expired, tenant said he can’t move out because lack of money. I don’t want to rent to them anymore, they were always late on payments. I haven’t accepted any payment after lease expired. I gave them a 30 days no...
I have an issue with a GC on a remodeling job. He has abandoned the job unfinished and refuses to answer phone calls, txt or emails for over a month now. I sent him certified mail terminating contract for default. I h...
I currently have 100k+ in my 401k/profit sharing account and would like to utilize these funds to get started with my real estate future. Can anyone share some possible options I may have in getting started with usin...
Greetings All,
I'm a novice here trying to tap this fountain of knowledge so thanks for indulging.
When studying up on REO, (pre) Foreclosures, notes, etc, I keep seeing the phrase "...on the Courthouse Steps." Can ...
Hello! I am renting a townhome in Southern California and I keep getting notice do default letters.( our land lord has not changed his mailing address) I have approached my land lord about it and he said not to worry ...
I have a troublesome tenant who has a history of causing issues and non-payment in a condo on the second floor. The condo is located in NJ.Just 2 weeks ago the condo above my unit had a failing washing machine that ca...
So my tenants trashed one of my rentals and moved out. Carpets were soaked in pet urine and engine oil. Countertops were damaged. Fist sized holes in every room. Doors ripped out of the wall and left the house full of...