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Results (829)
Joseph F. Additional Renter
20 July 2014 | 5 replies

A tenant with an existing lease has approached me requesting to have an additional person move in and live in his two bedroom apartment.  I pay for water and heat so I said that I would agree to it provided I get an a...

Nicole Grenier Connecticut Mortgage Loans CHFA
10 November 2023 | 7 replies

Hello Everyone! Looking for some help understanding all the tax implications of a CHFA loan.  There is an IRS tax recapture if 3 things happen:1. I sell within 9 years2. Make over a certain salary at time of sale3. Pr...

Zac Starr Keep Renting or cash out? HELP
26 January 2018 | 6 replies

I have a 1972 1500sq ft Mobil home on a 0.4 acre lot. I own both free and clear and am currently collecting $1350/no rent ($1270 after PM fee). My concern is , I have a credit card that has a $30,000 balance with the ...

Account Closed Section 8 Tenant has not paid tenant portion
21 February 2023 | 21 replies

Our section 8 tenant had a death in the family, and unable to pay this month's tenant portion. As a new investor, I wanted to begin prepping for what to expect going forward. We did issue a letter (reminder) of paymen...

Bridget Smith-Osbourne Expired Tenant..Proceed with caution!!
8 October 2014 | 17 replies

Here is my situation; 70 year old Tenant(s) has been renting for past 16 months . One year lease which turned into a month to month. Received a call from neighbors of Tenant, that wife passed away... inside house and ...

Brandon Leffler Sell or hold in California?
16 February 2021 | 29 replies

I have a property in Stockton, CA that is worth 420k and I owe 260k. It has really solid family renting who do not want to purchase ever, so they will never leave. I can sell this year and not get hit with capital g...

Erin B. Tenants ended relationship
31 March 2015 | 15 replies

Hello, I am hoping someone can help provide some feedback/advice on my current situation. My husband and I own a multi-family home, that we bought about 2 years ago (so we are new to being landlords).  We live on the ...

Derrick W. Does 1mil in net with make you a "millionaire"
12 August 2016 | 49 replies

This should be a fun topic. For arguments sake lets say.... You have 1 mil net worth in rentals. Positive cash flow. Let's say it's all financed through the bank with 20% down on each.  That makes 20% of it your cash ...

Savannah Jarman New to the Game in Raleigh / Durham / Chapel Hill , NC
23 August 2018 | 6 replies

Good Afternoon BP Community, I am writing to you from the beautiful city of Durham, NC.I have been job searching for the past 2 months for museum positions and
when I was confiding in my uncle he proclaimed "its a s...

Ellen Campbell Single Mom w/ Low Income Looking for Rental Properties
16 September 2021 | 8 replies

Hello BP community! My name is Ellen and I'm a real estate agent. I am newly separated from my partner and starting out in real estate investing as a single mom with low 1099 income and few assets. I have identified a...