Ying B.
Inspect Property with Evicting Pending, Suspected Early Move-out
Early Sept I requested my PM to schedule an Inspection as there is strong suspicion of smoking and pet that are strictly prohibited by Lease. The lease will terminate end of Oct and Tenant has not paid rent and seems...
Brian Nel
What due diligence in determining cost basis for depreciation
In reviewing my taxes for the upcoming year, I've been looking more closely at my Schedule E and reading more about depreciation and cost basis. I know that your cost basis needs to be accurate, a number the IRS agree...
Joao Paulo Leite
Florida Title Transfer to LLC
Hello All,Recently transferred my Condo title from my name to my LLC(sole owner).This triggered a tax reassessment, which I was not expecting and a loss of homestead exemption, which I was expecting. Is it possible to...
Carolyn McBride
Oakland Unpermitted ADU Amnesty Program
Purchased a home in Oakland in late 2022 which had a non-permitted garage-converted detached ADU in the backyard. All the construction for the ADU was unpermitted/undocumented and the previous owners were contractors ...
Michael Morrongiello
PROBATE Question - TROUBLE obtaining a loan payoff from Reverse Mortgage Lender
Situation: Owner who took out a RV- Reverse Mortgage back in 2007 originally thru Wells Fargo passed away recently in 2023. That RV loan was transferred to HUD, then serviced by Champion Mortgage and most recently by ...
Rick L.
The Tale of Two Appraisals 548k vs 450k
In August I attempted to refinance my mortgage on my fourplex and as a result had to get an appraisal performed. The appraiser came took measurements of the building, verified sq. footage, took pictures, and inspe...
Bandu Khote
HOA trustee wont respond or provide contact info
I recently bought this condo in MA. I have managed to get the contact of one trustee (email). But she won't respond or provide a phone number or other trustee's contact info after several attempts. I need no HOA dues ...
Leonard Brown
Evasive inherited tenants
Hey BP community. I’m new to the investor side of things and have run into a dilemma. My partner and I just picked up several occupied rental properties in Philadelphia last month. When I completed the initial walkthr...
Dylan Lineberger
How do people use FHA loans to buy multiple properties??
I constantly hear people online (Social media) talking about getting an FHA loan and house hacking a 1-4 Unit property. They say to move out after one year, find a tenant for the unit you were in, and buy another prop...
Liran Koren
What should a tenant do before moving in?
Moving a new tenant into your property can be stressful for both the tenant and the landlord. Having a checklist of items that should be addressed before a tenant arrives can help make the transition easier and ensure...