Jeff Jenner
Tenant Parking in the Common Driveway
Hi All,We own a triplex in a Chicago suburb that has 4 parking spaces in the rear that are accessed by a common driveway. One of the tenants keeps parking their car in the driveway for any length of time, sometimes ov...
Tim Ball
Whats more lucrative: Owner Finance or Rent to Own?
Whats more lucrative for an investor? Rent-to-own or owner finance? In both scenarios, you are basically not being a landlord right? What are the advantages of one over the other? In the owner finance, you take a fat ...
Nathan S.
Home Office Deduction - Mileage
Hi BP world, I am currently not taking a home office deduction since the entire space I use in my primary residence for my rental business is also used for personal activities (computer, file cabinet, office desk). A...
Jimmy NA
Unregistered Cars
I purchased a 3 unit building several weeks ago. Recently, I signed up one of the pre-existing tenants on a new month to month lease. One of the tenants has a car in the yard. I told her at the signing (and wrote it i...
Christopher La Chica
STVR with included car, good idea?
Background: We're under contract right now to own a condo unit in Kona Hawaii looking to close at the end of July. The current owners have a license to do short term vacation rentals there that they're going to transf...
Brandon Rush
Not so obvious lease additions. Seeking your input
Hello My Friends,I am in the process of developing my first lease. I am trying to make it as bullet proof as possible. I have a lot of the standard stuff you would typically have in a lease agreement. My question to y...
Pat Goodyear
How NOT to buy a home from an auction website
I don't consider myself a newbie; i have 15 properties and have always bought distressed homes off the MLS. I saw a home that was going to be auctioned on homesearch.com and was cash only "occupied". I will say i did...
Andrew R.
Buying a rental w/ a partner: Business options??
Hi, I'm looking to go in on a rental property w/ a partner, I'm hoping for some tip and pro/con on different organizational structure: Details--this partner and I own our current residence (30yr mortgage, not married,...
Max Maysonet
Best pick-up truck for hauling around furniture to rentals?
Hi Everyone,Just wondering what your opinions are on the best pick up truck for hauling around furniture to rentals? I’m pretty frugal so I would exploring used vehicles. Thanks in advance.
Lena S.
Tenant water usage increased.
Hi
I’m a landlord of 4 units building. We have a problem with water bill we receive every 2 month from city and is $200 more than before! So far, city didn’t increased their water, so we fine with it. More then that...