Nooshi N.
Loss of rental income during pandemic
I have a California condo with a tenant who has been great and communicative for 3 years. I inherited him from the last owner and we have had a great landlord-relationship including during the pandemic. He wrote me in...
Mike Huang
Partner + Personal/Vacation/Investment Mortgages
Hi BP,I'm currently in a situation where my partner is providing the funds for 2 buy and hold deals but does not want to be on the loan since he has been on other deals. My income and credit are more than enough but m...
Ted Kawabata
David Boniedot: A bad guy! Dallas-Fort Worth DFW
David BoniedotGeneral ContractorDallas area (Texas)Is capable of good work. Did fine work on 5-6 projects before mine, and won the confidence of my realtor.Unfortunately, he took advantage of me as a newbie and walked...
Mohamed Mahmoud
Rental or owner-occupied
My wife and I are going for our first property ever, we're currently living in a rental and probably won't move out soon because the rent is relatively cheap, so we want to rent out our first property when we buy it.H...
David Breitzmann
Vets: What's the fastest way to collect on small claims judgments?
Hello All,
I am not a landlord but filed against the owner of a unit in which I was tenant. [If you don't need my humble observation on not showing for small claims cases, ignore that part. It's titled, well....obs...
John Thedford
Question about Fraud
Paging @Bill GulleyRecently you wrote a post about contracts, citing various forms of fraud such as fraud by inducement, etc. A friend has a situation with an unlicensed broker that appears to possibly be going to cou...
Lawrence Kaplan
Renting and eventual sale to family at below market rate
I am somewhat new to real estate rentals, but am pretty knowledgeable about taxes. Here is my situation, and I wonder if my overall strategy is sound.I have 2 goals in posting this - first to inquire if I am missi...
John Matarazzo
Collecting Advance Rent Question
Hi all,I have a new tenant (3 months in so far), she has been pretty great so far, pays rent in full on 1st of every month and keeps the place neat and clean. Randomly though she messaged me yesterday asking if she ca...
Kathy Petruska
Excessive funds in HOA account
I live in a small (166 homes) HOA. Originally 2000 home were planned. The developer had two builders originally ans started selling in 2006. The crash occurred and after the two builders sold the homes they had ...
Hansel Akers
1031 into Cash Flowing Property in Different City
Investment Info:
Townhouse buy & hold investment in Lancaster.
Purchase price: $165,000
Cash invested: $35,000
Sold condo in Reston, VA and used a 1031 exchange to purchase SFH townhome in Lancas...