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What is needed to successfully negotiate and close on a residential short-sale property subject-to the exsisting loan? Does the bank require you to have a certain income level etc in order to take over the person's mo...
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Hello,My current flip will take longer than a year, about 18 months. Can I still deduct all renovation costs from the profit in regards to paying taxes on the profit. I have all cash in the property and for renovati...
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I’m interviewing potential tenants for a 1300 sq/ft, 3/2 SF. I was approached by a married couple, their daughter, the wife’s best friend and her boyfriend and theyd lIke to rent the place together. Besides having ev...
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I got a call from my tenant yesterday that the bay window in our rental unit has been smashed in by vandalism. I submitted a claim to Allstate, and the promptly called me to today to let me know that my landlord's po...
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I have a MF site in City Height that is CUPD-CT-5-4 which I can build 5 units + 1 ADU legally. The site is in transit priority area so technically I can utilize the ADU bonus density to build unlimited number of ADU. ...
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Hi!My husband and I are potentially making some big changes in our living situation in the next 3 - 6 months. We have a multi unit property in North Hollywood. A 3bed/2bath front home and a 2bed/1.5 bath duplex behi...
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Context: My spouse is a real estate professional by materially participating in the management of multiple Single family Residential.She spends more than 750hr and keep a methodical record oh the activities. Plus thi...
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Hi All,I would like to play a game inside of the Bigger Pockets forum; nowhere else can I get the opinion of so many valuable industry professionals. The game is what do y'all think is a better word for my marketing p...
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My tenant always pays rent late but usually before the 4th. This month the tenant still has not paid rent or reached out & today’s the 11th. I already informed the tenant that there will be a late fee than she tol...
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I had a tenant here in Colorado. I knew he fell on hard times and filed bankrupcy but did not include rent in that filing. He said he wanted to stay until lease was up (August) but I felt he was not being straight w...