I am updating my Addendum and wanted to ask MA landlords about including a late rent fee.
Legally I can't collect it until rent is late by 30 days. If I include "a $50 late rent fee is assessed after the fifth of...
House listed at $365k: 1 bed 1 ba, 871sq ft
I estimate rent at $2,000260$ monthly HOA fee, passed onto renter?3% buyer agency fee, important? Just added to price of the house pretty much?1% rule: ideally house woul...
Background: We bought our first home this year and are renting out the extra bedrooms through AirBnB. We'll receive a 1099-K from AirBnB on the earnings and are not exactly sure how our tax situation with regards to t...
"The city’s office-vacancy rate jumped in the second quarter by the most since the last recession, while the amount of space available for sublease almost doubled, according to a report to be released this week by bro...
I am looking at some county tax records that show :- Land Appraisal: $7100, Property appraisal: $30300 and Total appraisal: $37400Then below there is a Total Assessment value that is considerably less than the total a...
Charleston, SC has some pretty strict ordinance rulings that seem to make STR properties difficult to acquire and manage the right way, however it is being done very well. How can one best interpret the ordnance regu...
Here are three pieces of misinformation I've encountered from client calls this past week regarding the 10% down second home occupancy loan:
1. The property has to be at least 50 miles from my primary residence. (Thi...
When renovating with a 203K loan, are contractors obligated to get the allotted amount for line items? We had a line item that was completed for a third of the amount estimated but he is saying he should get all that ...
Dear BP community,
I am a 50 year old immigrant and have worked hard to make a life for myself. I have a net worth of ~2-3M in the form of a primary, secondary home, a rental property, and savings/CD accounts and a ...
Hello all! I have found a medium multi family that is off market at this time. Owners are trying to sell but, are telling me USDA won’t allow them to sell. Question is why would USDA not allow a sale? Can they keep yo...