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What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...
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Just saw a story on 60 minutes about several very large banks manufacturing ownership documents. All related to mortgage forclosures in the past several years. It appears they can not come up with the real title of ow...
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Went over to a rental property today to work on a leaking basement window. One of my tenants was at home recovering from surgery on his arm. While I was there, a vein in his arm ruptured and he started bleeding heavil...
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Hi Everyone,I purchased a property to flip about a year ago. Prior to purchase, as is customary in NJ, I had a tank sweep company come investigate the property. They indicated that there were no oil tanks on the pro...
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Hello BP, I’m in need of some advice.A few days ago a contractor working on one of my out of state properties was shot. I found out that this was the result of robbery gone wrong. The contractor and two of his workers...
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Hi BP world! I love real estate!! I have been investing for a little over a year and have two rentals and am currently doing my first flip. I have got 3 quotes on replacing the electric wiring on my 2100 sq ft 4 br 2 ...
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[Advice needed]
Tenant has made multiple trivial maintenance requests and are forcing the maintenance request to be done via rent escrow in the court, we have fixed some, and some of the others, we are in the midst o...
What are some of the pros and cons of paying off the mortgages of a few of your rental properties? Thanks!
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I need help! I inherited a tenant when I recently purchased a property and she has not paid rent for August or September. She has been trying to move out so I was giving her time, but since she hasn't been back to the...
Hi there,I have a question regarding how to handle a unique situation. This week, peoples gas shut off the gas to my entire building due to a “gas emergency” (without notifying anyone). I was notified by a tenant that...