Edgar Perez
condo living upstairs renters causing damage seeking advice
posting on behalf of a friend, looking for advice. Chicago Illinois; My friend owns his condo unit in a multi unit building, he has some issues with the upstairs neighbors that happen to be renters of that unit. His...
Miranda Paton
Best insurance for CA single-family rentals (and other states?)
Hi! I never thought I'd have this kind of "luxury problem," but I now have rental properties in three states--CA, OR and SC. The SC and OR properties are insured with local companies there and that's OK, but I need ...
Karen W.
Bay Area Newbie - How to Start
I have a few units out of state but am interested in the Bay Area now that I live here. I've followed a few seasoned veterans from the area here on BP. It seems like several have strong relationships with realtors or ...
Melisa Richmond
Property deed not changed
Just found out recently that my husband's ex wife's name is still on the deed to the property that we live on. His divorce decree states that he gets ownership of the property. The attorney that they went through fo...
Moises Acosta III
Problem tenant in my first home that I turned in to a rental.
Hello all, I have been renting my first property for about 5 months now to a section 8 tenant.
This property was my personal home for about 5 years and I decided to rent out and test the landlord setting out.
The h...
Maddy Lakshmanan
multi-family investment options for someone with low downpayment
I've few single family investments. I'm newbie to multi-family investment.I can make 20k downpayment, and borrow another 20k from my 401k. Can I invest in a multi-family property (without partnership/syndicate)? I'm e...
Christophe Noualhat
Property destroyed - what to do next ?
Hi everyone ! Out of state / out of country investor here... I have (had ?) a rental property in Toledo, one month ago a fire broke out in the house's first floor, tenants been evacuated and house boarded up. The insu...
Megan Aldridge
Pet Logic
I'm trying to sort out the pros/cons behind charging pet rent ($15-25/month) vs. a one-time non-refundable pet deposit ($250). I have not had tenants with pets in the past, so I'm not sure which way I want to go on t...
Clarence Johnson
Deal Analysis, experienced opinions neeeded-LA, Ca
Hello to All,My business partner and I (both Realtors in southern Ca)have decided to take the plunge and purchase our first flip. After running the comps and walking through with my dad and Uncle (both in the busines...
Michael Redmon
Depreciation? Wore out early
I’m confused, if a depreciating asset wears out early. Carpet is depreciated over a five-year period, what happens if your tenant destroys it in year two? Do you take the rest of the value of the carpet and depreciate...