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Good Afternoon BP community, Hope all is well, I'm closing on a property with an inherited tenant whose also in the process of purchasing a home. During the closing process I found out the tenant has not paid rent sin...
So I do day trading at home - it uses to be an apartment but it was a good year and I bought a house outright.Can I deduct the space I utilize in my home as a business expense on next year's taxes?Also do I need a bus...
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The restaurant owner of my New Jersey commercial space is looking to terminate his lease early since business isn't doing well and isn't able to find someone to purchase his business. There is currently no exit clause...
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Questions:Landlords that rent to pet owners. 1. Do you charge a pet fee per pet?2. Do you collect this fee once, or with each renewal? Thanks in advance....
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We will be renting our 1st SFR in central Texas. I am a little anxious as in where we could find/consult on a lease agreement. I've downloaded the application off BP and plan on using it, but not real sure where to s...
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Let's say I were to find a deal where I would be taking over the seller's payments and that all of the expected costs to get the deal together and lease optioned out to a tenant buyer came to $10,000. I don't have th...
One of my partnerships just purchased a 4-unit building in a rough area of town. We have a couple of other projects going on at the moment so we aren't in a position to fix it up quite yet. In the meantime we have the...
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Hello fellow landlords!I have a bit of a situation, my tenants split up before the lease ended. One of them moved out and the other stayed to complete the lease term. Now, I have to refund the security deposit and I s...
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Hello! I'm in the process of writing a rental lease agreement for six months. I want to charge a fee for early termination. The rent is $1195 per month. What should the early termination fee be for the Washington, DC ...
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I'm currently working on my second deal and am looking to buy either a 3/4 plex. I'm trying to secure financing through a bank I worked with on my first property for a FHA loan. This bank qualified me for tradition fi...