Greg Tom
Best Tax Advantages for REI with low 6 figure income?
Hello,Wanted advice from BP. I am a big reader over at various 'retire early' sites (Money Mustache, etc.), and have a decently high savings rate after tax. I am trying to maximize my tax savings through real estate...
Jenny Cross
Estate- what to do with deceased dad's house?
My dad and his wife recently passed away in February. And since then I was made the executor. They left behind a mobile home that their upside down on. They owe first mortgage $66000 and second mortgage $35500 and rea...
Paul Sedillo
Perpetually Late with Rent
I have a renter who is perpetually late and her lease contract expired which converted to month to month. She is also has stretched out paying her late fees. If the late fees are not paid with the rent and stretched o...
Judy Parker
Belligerent tenant won't pay increase or vacate
I have a belligerant tenant whose lease expires June 30th. He sent me this message. in response to the lease renewal letter I sent him. "you cant legally ask me to pay 1/3 of the electric in an illegal apt. not leavi...
Wayne Brown
Would you use 401K loan for mortgage pay down?
Hello everyone! Which of the two options in this scenario would make more sense with the mortgage on my rental home.I currently have 12K remaining on the mortgage of my first and only rental property after multiple lu...
Alan Daniels
Realtors buying SFH "subject to"
BP,
Hope everyone is gearing up to have a great, happy, and non-political :) Holiday season!
I wanted to get everyone's thoughts on being a Realtor and what the "status quo" (for a lack of a better word) is regardi...
Cramer Guzaldo
Wasting time collecting rents
Hey All,I'm new to Bigger Pockets and this is my first question. How do I get my tenants to pay on time in one shot. Now before you go off and say the obvious, let me give you a background. I have 156 multi-family apa...
Nathanael Johnson
Seller did not disclose an HOA special assessment. What do I do?
Dear BP community,Looking for some advice here. Would especially like to hear from AZ brokers and real estate lawyers as to their thoughts, but would welcome any and all feedback. Here's the skinny:We just bought a co...
John Woodrich
Does MN require a grace period before impsoing a late fee?
I inherited some leases and they all provide for payments being due on the 1st of the month and that a late fee will be assessed if they have not paid by the 5th. So inherently they all normally pay on the 5th....I n...
Micah Flamm
Buying land in Hawaii and putting small short term rentals on it
Hi! I am new to the real estate game and the hawaii market but I want to buy a parcel of land on the big Island of hawaii and put trendy tiny houses and structures on it to rent out via airbnb, etc.
From my calculat...