Hello BP Community! My wife and I want to buy a condo this year in Chicago where we plan to fix it up, live in it for a couple of years, and then rent it out. We found a place in a high rise building, facing Lake Mich...
Hello,I have purchased a rental property that is listed on MLS as 2 BR 2.5BA.It does have an extra office space that i will be converting into a bedroom.I will also be adding a shower to the 1/2 bathroom.
I will be r...
I thought in California the property tax can go up max 2% every year. Never really paid much attention until today. My condo I bought in 2011. owned 2 years then rented out as long term rental. Today I plugged in hist...
Hypothetical: Out-of-town owner has a 3-apartment rental house. Owner's in-town elderly parent requires care so owner moves into 1 of the units to care for the parent. Does this trigger a taxable event by violating th...
Good morning, I am new to being a landlord and am going through my first property management company change. I am not exactly sure how it all works and if anyone can help shed some guidance that would be great! At th...
Hi guys!My name is Matt and I'm with a startup based in the Bay Area called OneRent.We started out over a year ago with the goal of providing Santa Clara University Students more transparency as they searched for off ...
I went through a final walk through before closing and everything that I requested to be fixed seemed to either be fixed or had been "tacked in place" to appear fixed. I got it. The sellers really didn't have the m...
Hi BP, When we change property managers, do tenants have to sign up for a different property management software for payments with the new manager? Or we use the same software only different manager? I don't want to a...
I have a friend whose property sold at the April 27th tax sale in Riverside County and he is wanting to know what M06 commercial zoning was. Doez anyone know?This ratty bare 5acres sold for 141k and I think it has som...
So I’m in the middle of contract pass the inspection period and attorney review. Anyway as a seller I can back out still? Based on the market and rates today I don’t want to buy another place and want to keep the curr...