Perspective tenant says she has two service dogs. I have not talked to her, just got a copy of her application.  To make matters worse, one is a Scottish Deer Hound, a huge breed. Is it even possible to have two servi...

Hi All,We are under contract to purchase a 2-unit home in Chittenden County.  Our initial plan will be to rent the upstairs unit to longterm renters and to rent the bottom unit as an Airbnb.  The upstairs tenants have...

Hey BP hive mind! My wife and I are supposed to close on a multi unit (zoned as a 2 unit with a legal 3rd & bonus unit/in law) in Chicago tomorrow. Yesterday the seller (an older man who has owner occupied the pro...

I got these from our tax prep guy.....

Crazy Tax Deductions that the IRS Allowed:

1. Parents put their child in clarinet lessons and argued that it would correct the child’s overbite. The IRS agreed and allowed them...

Hey BP!I did a forum search, but could not find an answer. Apologies if this has been answered.1) Does anyone know of a good, investor friendly title company in Oakland (or Alameda County)?2) Current situation: Seller...

I have a deal property under contract with the sister, however she has 4 other siblings of which 1 is incapacitated in a state mental facility he does not have contact with the family. Is there a way or procedure to b...

Can anyone do this with these terms?The terms on the loan:Investment: $150kTerm: 6 monthsInterest: 20% Prepayment: Minimum of 6 months interest (e.g. if prepaid after 2 months, receive additional 4 months interest)The...

I've had a licensed contractor doing handyman jobs on a property. I want to use him for a full gut reno but I have some concerns:
-he doesn't have a bank account and can't get one
-if I pay him by check, he can't ca...

I entered into a one year lease with 4 tenants (jointly & severally, and collectively referred to as "Tenant"). The Lease requires Tenant to carry a renter’s insurance policy covering Tenant’s household goods, per...

Hello BP, I would like to begin RE investing next year. I own a home 100% clear and my only debt is a monthly car payment. I have a 10k emergency fund and about 5k just sitting in my account. What are your thoughts on...