Joshua Cook
Interest Paid vs. Asset Gained. What would you do?
My Current Real Scenario:I have a primary residence in FL with a VA home loan attached to it with a 2.2% interest and only 10% of my money in the home and the value, though dropping, is almost double the mortgage. My ...
Michael Ndjondo makadi
Can a rental be run as an LLC without transferring ownership?
Several questions to CPA, lawyers or just those who might have better knowledge. For perspective, the property is located in San Diego, CA where I live also. 1. I was told and read that the property MUST be owned by t...
Carlos Silva
When do Rental Prices fall
Do rental rates usually fall when interest rates increase and home values decrease?
Account Closed
Tenant doesn't have electric
Tenant signed a lease beginning this month. We had the electric in our names until today. New tenants told us they switched it into their names, energy company said that the tenant never called. Now the tenants don...
Stephen Hoskins
Do you think society would be better with a Land Value Tax?
I'm interested in whether any of you think that your country would be better off if it used a Land Value Tax (LVT) to replace income taxes? The basic idea is the income tax is really terrible because it punishes peopl...
Nicalaus B West
Quitclaim Deed, Mortgage, and Cash Purchase Rental Property
Situation:My mother owns a house in Illinois in the country and has no mortgage or outstanding liens against it except 1 year of taxes that someone someone bought in a tax sale. She was injured in her 30's and now rec...
Takahito Torimoto
Tenant taking advantage of CDC’s Temporary Halt in Evictions??
My tenant just sent me their "Declaration under Penalty of Perjury for the CDC’s Temporary Halt in Evictions".They moved in Aug 1. They have not paid rent for Sept, Oct, and now Nov.
Separate from the fact that I am...
Michael Peters
Should I use a Request for Rental Assistance Form?
I've seen a lot of spirited arguments over a REI responsibility during the onset of this pandemic. As a property manager for over 300 units, many of whom are owned by investors with 1-2 properties to their name, I do...
Travis Billings
Pay off debt first before investing?
Hello BP!!
This is my first post. I've become interested in real estate after talking with a friend about how to get more cash flow. I've been reading many posts and listening to podcasts daily on BP. My goal is to ...
Charles Cruse
Broke Lease for Lack of Notice but Filled it, Security Depos?
Hello,I am in the state of Virginia. I broke my lease with my landlord and gave 24 days notice rather than 60 as stated in his contract. I was paid up until the 6/9 and moved out that date. I had given my landlord che...