Hi guys, I find myself in a unique predicament and need advice. Here’s the situation:My wife and I currently have two homes, one is our primary, one a rental. Both homes were originally on one parcel which we’ve been ...
This is my first rental property and trying to learn the ropes. I would appreciate any feedback.The property is rented for 1200 a month. Husband, wife and 3 kids. They are getting divorced and husband has moved out. ...
This is the first book that comes to mind, so I thought I'd kick this area off. Have you guys read it? What are your thoughts?
Last week I pulled the plug on the purchase of a fourplex during inspection because the numbers weren't going to work out if the RE market dropped much and the property needed rehab the owner didn't want to deduct for...
I have been seriously looking into the Tiny House craze. I am hoping someone knows what I am talking about. Here in CA, esp. SF Bay Area, rental housing is through the roof. (no pun intended). I have looked into t...
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
Sunday evening while finally sitting down to relax and watch a little football, I get a frantic text from one of my tenants, "Call me now please." So, before I could call her, another text comes in, "I really need...
Hey Esteemed BP'ers!I hoping someone can point me in some direction. I am looking for a market for SFRs within 3 hours of Austin / Round Rock where the price to entry is 90k-120k for B Class areas. I have been doing s...
Hey BP,
I just bought an older house (1910-ish) split into five apartments (~2700 square feet total). They aren't separately metered so the utilities are included in their price of rent. The electric bill was about d...