In November of 2014 we had the wife of a husband-wife tenant pair inform our property manager she would be moving out. She included a letter signed by her husband stating he assumed all liability for the property. The...
Hi everyone,
I’ve been a landlord for a while now, but this is the first time I’ve found myself in a tough situation like this, and I’d appreciate some advice.
I have tenants who have been with me for 2 1/2 years. T...
So the other day I was in the chat thingy Josh has going on here and Rich Weese, Will Barnard, I think Bill Gulley and maybe another joker or two was there I forget.
Anyways, Rich mentioned he was going to be in Veg...
Hi BP!Happy Friday.I’ve got a 2 part question for the forum:1) Can I take bonus depreciation through a cost seg study if I’m not classified as an active investor? Doing a mid term rental in Texas with solar and was h...
In your experience as a landlord, is there a particular profession that stands out among all your tenants as commonly occurring? Has a particular profession (ex: nurses) resulted in prompt payments and less vacancy ra...
Hi everyone,I have spent the last 6 months saving about 60% of my income so I could finally move forward with my first multifamily property. I saved 30k and plan on using FHA loan to house hack one of the 4 units (loo...
Greetings - I would love to hear feedback about this nightmare tenant. Any insights would be greatly appreciated. A Florida tenant has refused to pay rent since Nov. 2019. Said the reason was she's a foster mom and ha...
I own a 5 unit apartment building. It really is a very old house (I would guess built in the 1920's) that was converted into apartments sometime in the 80's. This property has a huge hassle factor and is a headache.T...
Hello BiggerPockets fam, I am wondering how to approach this issue with my tenant. Earlier this month, my tenant uncovered water damage along the baseboards and lower walls of the master bedroom. Immediately, we conta...
Another Bank failure.
The FDIC said, "As of March 4, Freedom Bank of Georgia had roughly $173 million in assets and $161 million in deposits. The FDIC estimated the cost of Freedom Bank's failure to its deposit ins...