I recently purchased a 12 unit building which I would like to take from class C+ to class B+. There are two 3 bedroom units on the second floor and the rest are 2 bedrooms. I was just given notice (for November, not ...
Hi All - I've seen quite a bit of confusion on the application of the Passive Activity Loss Rules and Short Term Rentals. Beyond BP, there is a lot of confusion in the accounting community as well but the same rules...
I'm only a couple weeks into researching real estate. Well, I actually own a home and rent it, but that is besides the point. I'm just trying recover an unwise past investment. Hopefully my current refinancing goes th...
I'm dealing with a nightmare tenant! This tenant has been late with rent for the past several months (even later than my five day grace period). Rent was due on the 10th of this month and of course it was late. The fo...
Hey everyone, I was looking into buying a duplex or single family home in a small college town of about 20,000 people and the school size is about 30,000. During the summer 90% of the university students leave, not su...
Hey there,
Hope I can learn from all the experienced landlords here...
I just had my inspection completed, for an investment townhome I'm interested in Baltimore, MD.The house is ~120 years old, and besides the expe...
As has been discussed quite heavily on these forums, as investors, we look to 'gross' 2%+ of the purchase price and expect 50% of the rent to pay for all expenses except the financing.
Do any of you 'fudge' on these ...
OK, so you've done all your screening, the tenants look good. No bad reviews from previous landlords.Tenant drives up in a nice new clean car and has good appearance. They move in, then comes the first visit 6 mont...
I just rented my first rental home 3 days ago. They found a rat in the house and freaked out bad. What do I have to do as a landlord? Like legally? I obviously don't want a rat in there. The tenants are acting its th...
Hey BP community! I would be very interested in your thoughts on feedback. Here's my question:At what point do you believe it is wise to stop reinvesting your cashflow into more properties and start focusing on princi...