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As of today we only own one property under the LLC, which we bought last year. We flipped a different property last year. For filing our 2022 tax return we were invoiced $3,750 by our CPA. He filed an extension for us...
I have a tenant and his wife that are applying for my property. Typical process is running background credit and eviction reports to verify all information. I’ve used avail for this in the past and it’s all worked gre...
Hi fellow BP'ers. For the last 22 years I've been involved in real estate as a house flipper, with extensive experience in building and renovation contracting, owned a residential property management company, and now ...
Hello All - I'm currently facing a challenging situation with one of my tenants and would appreciate some advice on how to handle it appropriately.
Background: The tenant in question has had their electricity discon...
Hello,
An emergency electrical issue affected the plumbing lines too, and I am quoted the below price for repairs. I am waiting for more details on the actual problem, but this quote seems really high. I need some he...
Hi Everyone, I am an OOS first time investor and got a SMF built in 1920 (2 units, 1bd/1ba and 3bd/2ba) under contract at 20K below purchase price (@190K) with both units currently rented ($850 and $1200). I have had...
Hello,Any advice on what happens in this scenario:Seller agreed to 10-day due diligence, refused to give us access for 5 days.We did not receive access until we sent notice that they were defaulting on agreement and t...
Hello fellow BiggerPockets members,I find myself in a bit of a bind with my real estate investments. Last year, I took an aggressive approach and purchased six rental properties in the Midwest, specifically in the Cle...
The real question is... If I have an extension that has been approved and is good til Jan. 28,,, Can the seller kill the deal, if I do not give them a quick, uninformed answer? Details: I have had a HUD home under...