Brendan Reilly
LLC questions and taxes
I started an LLC at the beginning of this year and purchased my first investment property shortly after. The issue I have is that the LLC was meant for another business I planned on starting before this BRRRR fell int...
Destry Dylan Thomas Sholder
Tenants want to end the lease early
I recently received the following text from my tenant:"Hey I was wondering if there's any way you'd be open to ending our lease early in hopes of finding a new tenant. My wife and I are divorcing and I haven't even be...
Shawn Parsh
Higher Power at work?
I'll try to keep this short, but I wanted to share how I came across a new property that I just signed a contract on. A neighbor of mine stopped by the house when he was driving by just to chat for a minute or two. D...
Sara Finley
Sell or Keep or Cash out Refi
Hello! In need of advice from you smart RE peeps.
We have 4 rental properties plus our main house.RH #1: Owe $13,000 - rented at $1200/month (long term tenant moving out May). We could easily rent this property for 1...
Account Closed
Buying 2nd Property- Who should be primary applicant on mortgage?
My wife and I are about to purchase a new property and I am looking for advice on how to apply in order to secure the best interest rate possible.Currently, we live in a house that is just under my name- I have not ad...
Yangyang Jin
Tenant filed bankruptcy
I would like to get everyone's input if you ever had experience with any of your tenants filed bankruptcy, can you share your experience and advice? I have just received a mail sent by the tenant's attorney stating th...
Megan N Salmans
Legit ESA Letter in Pet Friendly Building
Hi there,I am not sure if this has already been asked and I am willing to ask a lawyer if necessary, I just wanted to try to see if anyone here could help me before taking other avenues.I live in California and have b...
John Kesner
Inheriting Elderly Tenants
Hello BP,
I'm in contract on a nice little rental house that has some great potential, there is just one catch.
The existing tenants (very nice people) are an elderly couple (75+), on a fixed income, have a laundry ...
Account Closed
Carpet install delayed - now what
I have a 2BR that is having new carpet and vinyl installed prior to the new tenant moving in on the 15th of May. Was just told by the carpet place that two installers quit on them and they are now down to one installe...
Chuck A.
Dealing with Contractor Issues
Hi,I wanted to get some advice on a situation I am dealing with. I am working with a contractor trying to wrap up a home project. I gave $500 to buy some windows. He indicated the windows would take 3 weeks. Then...