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Hey BP, I just wanted to pick a few brains to see what's the best approach to recovering rent from an ex-tenant. The tenant broke their lease and left 3 months early and has not paid. Has anyone had any luck or is it...
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Hey, I'm new to the investing world and just requested the 1040 Schedule E from the seller. As I was reading through it, all the numbers looked good to cash flow with, until I came to depreciation expense, which was $...
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I have a NP second in KS. Currently there is equity in this home. According to Netronline, the first has initiated FC (in April) but now, according to court info the case is "on hold for loss mitigation" I contacte...
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So about a month ago we had a pipe burst in one of our unit, water ran from upstairs bathroom down to kitchen and into basement. water remediation company had fans and dehumidifiers in that tenants place for about a w...
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Good afternoon! I would like to share an article outlining how to become a successful real estate investor. The article was published by The Washington Post and it highlights three important investor qualities which I...
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I own a rental condo that I used to previously occupy. My income from rental property is largely offset due to depreciation. However, I can not show loss against my active income as my joint income is well above th...
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I'm In the process of insuring my first property. I found a company that is willing to do ACV (Actual Cash Value) or RCV (Replacement Cost Value) insurance and will give me quotes based on a calculator where I can inp...
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Hello Dear BPers,I am here again with questions. The rental property i have for the past 8 years was a disaster. First, all these years it was on a negative cash flow-meaning i was paying round $120 toward the mortgag...
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So I’ve been dealing with one of those ‘tenant from hell’ types for the last couple years in my SFR in Moreno Valley, CA.
He’s been violating city codes by illegally operating an auto repair business on the premise...
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Hello,We are selling our primary residence after living there for 10 years, and will gain nearly $1M (purchased $390k, sold for $1.375M). We are immediately buying another house for $1.2M. As a married couple, we ge...