Danielle Scott
Late rent and other issues
I own a home in Little Rock AR and moved to Texas for work in June. The past three years I rented out my spare bedrooms to three other girls while still living there. Now that I've moved they're more like tenants but ...
Dustin Beam
Pulling out initial down payment...taxed?
Hello beautiful people of BP,So, I'm no CPA, but it would seem that if I do not apply my original down payment on a property towards the new purchase, it would not be taxable as it wasn't actually a gain. So if I orig...
Mac Boeve
Security Deposit Return w/o Move-In Condition Report - Michigan - Grand Rapids
One of my tenants recently moved out. The place wasn't trashed, but seems like they did no cleaning when they left. Visible dirt/dust on almost every surface, trash (including Q-tips) left on bathroom floor, toilet no...
Miles Bennett
First Hack in Los Angeles
Just made my first post here to introduce myself so won't go into that too much, but I'd like to start this post with this question, and elaborate on it a bit below: Is it feasible for a first time investor to start i...
Mike Dusenka
BRRRR with FHA Loan?
Can you BRRRR with an FHA or FHA 203K loan?Curious if the cash-out refinance is possible.
JD Martin
Methods of covering all properties under a single policy
Good morning all,I am hoping to pick the minds of some of you that have less than 100 but more than 5 rental properties on methods of insuring same. Currently, I run individual landlord policies on each property. At m...
Todd Moriarty
Best way to collect rent? Cash? Mail a Check? Direct deposit?
How are you fellow landlords currently using today's technology to collect tenant's monthly rent? I proposed years ago to my tenant to do an electronic funds transfer from his bank to mine. But he didn't want to and...
Jessica Wood
Newbie moving to suburbs of Minneapolis
Hello!My family and I are relocating to Minneapolis in December and we will be lucky enough to be investing in real estate full time. We are looking to invest in the western suburbs as well as the Edina/Calhoun area....
Matthew Wagner
Finding tenants out of town (without a property manager)
Hey guys --- I'm closing on my first REI property in Charlotte, NC on 09/01. I am from that city, but I currently live in NYC -- which is clearly prohibitive for a first time investor to try and wiggle into the world...
Matt Kampf
Dealing with difficult seller and seller agent
Hi BP,So my wife and I currently have an offer out on two different properties and have run into the difficult seller/agent scenario and was wondering if anyone might have some suggestions.Property 1 is a SFH 2/1. We ...