Dave Lawrence
Movin' on up, asset protection, etc
Good morning BP-ers. Long-time lurker, first time poster. I love the generosity and expertise of this site!I own three OOS investment properties, all SFH. I purchased "Property 1" in 2013 for $135K w/o doing any meani...
Chad Chiles
Raising Rent after Purchasing Property
Does anyone have good strategies for raising rent on a property that is under rented once you purchase it?I've come across multiple properties that I want to purchase that have leases signed out for over a year. Can ...
Tecora White
Ending a lease during Covid in California
I inherited a piece of property and am an out-of-state landlord using a property manager. The PM has allowed the tenants to break the rules of the lease in various ways. We are now coming to the end of the lease term ...
Petr Stuchlik
Lead testing/remedation for multifamily
Hi all. I'm looking to buy (put offer down) my first multifamily (a duplex) in central MA in next few days. Owner claims that there was a lead inspection done about 8 years ago. However, he cannot find the report he ...
Bryan Noth
February 2023 Housing Market Update for Austin, TX MSA
February 2023 Housing Market Update for Austin, TX MSA
February 2023 statistics have been released for the Central Texas Housing market. There was a slight decrease in median sales price from the preceding month an...
Peter Chu
Advice on evicting a Section 8 tenant
I have a section 8 tenant for the last 5 years. Each year she get worse. This year when the annual inspection came, I told her I will not fix all those things to pass, this year her boys got older and wrecked most o...
Sofia A
Advice on Rental unit with HOA issues
INFO:
Wilmington, NC
Offer accepted: $39,900 2br/2bath about 890sf
82 units in complex HOA: $150 no amenities
Rent in area: $600-650
Build in 1984
We have a contract but further investigating the HOA they have ...
Carlos Enriquez
Evictable after 3 late rent payments?
I was told by a prospective PM that after 3 consecutive late rent payments, I don't have to accept the next rent payment and that the tenant can be evicted as a rule.The inherited leases state nothing about that. The...
Milt Constantine
Moving expenses and tax deduction?
I'm moving to a new primary residence and turning my original residence into a rental. Can I deduct my moving expenses on next year's tax? The movers would be clearing out the old residents (my family) and prepping th...
Jack Quin
Non-renewal Notice Questions in Maryland
Hi,My tenant's lease will be expired in about 4 months. I don't intend to extend the lease because his always late rent payments, changing lock without my approval, allowing additional family members living in the uni...