Hi BP-- This is my first post. Well, my first everything actually. I've screened and approved my first tenant on my first investment property (duplex). Here's a brief rundown on the situation:During the lease signing ...

I found a website that is local here, and it looks like they are offering property while doing the math for you. This property for instance, they say is worth $130k, but the asking price is $93,900 noting that there ...

I work a lot with people buying investment properties.  These are savvy people that have excellent credit and usually have options when it comes to money for closing.
I am often surprised by the way these same people...

I own rental properties in one city and two of them had insurance claims in the last 2 years due to hail and tree damage. I just purchased a rental in another state/city and am getting turned down for insurance due to...

We have been trying to sell our home for almost three years. We finally decided to cut our losses and have a buyer offering approximately 85K less than we owe. Our loan originated with Countrywide and is now with Ba...

Excuse the rant:This is the second time air bnb had screwed me on damages. First time my place was trashed by some festival goers (puke and urin on beds, beer everywhere) and my maid cleaned up and disposed of the tra...

What are the general tests for material participation? This question comes up all the time. As tax professionals, we want to get the word out for those considering a real estate professional designation.

Ok. Here we ...

I have seen this requirement on some property mgmt. websites.  My insurance agent recommends that I require it.I always have recommended it to new tenants, but none ever have bought it, to my knowledge.What are your t...

Hi Folks,

Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...

I don't have much experience to determine if this tenant is good. So, post here to see what do you think. I got this email from my PM, and i think her credit score is too low but she has co-signer.  Other then that al...