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Hi all!I have a unique tenant situation, to say the lease (pun intended). The property is located in the tenant-friendly state of Massachusetts, in the city of Boston.I have a lease agreement with a tenant that ends i...
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Hi BP family,Does anyone have experience in bidding tax deed foreclosure property?Me and hubby intend to bid for tax foreclosure in Kansas, but I came across this statement :Any owner or holder of the record title, th...
I'm looking to act upon my long time interest and goals of real estate investing. I just turned 23 and I bought my first home a year ago with 25% down. I like my home and plan to stay here for quite a while. Between w...
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These questions will be helpful when your seeking a PM company. 1. How long have you been in business?Call references prior to hiring the company.2. Which property management services do you currently offer?Be sure th...
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Is a owner-occupied fourplex a good investment idea? and is FHA the best way to finance it?
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Hi all - I’m in the midst of my first deal and have hit a snag. I have an accepted offer on a distressed single family home in East Texas. My realtor had learned from the listing agent that the owner of the home had p...
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What are the general tests for material participation? This question comes up all the time. As tax professionals, we want to get the word out for those considering a real estate professional designation.
Ok. Here we ...
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Hello, a few months ago I hired a property manager whom I thought would do a good job managing y property that I have in another state (Massachusetts).i signed the contract and it had been 3 months and the property wa...
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Hello,
During the course of the lease the Tenant broke the kitchen Faucet. I sent him an email informing him that I was deducting the cost of the repair from his SD. He never responded to the email. I went ahead with...
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So I wanted to explore an idea here, and see if anyone has heard of anyone else doing it. But before I go there, I want to make clear that I'm not ADVOCATING this or any other shady business practices; I'm simply want...