Ian S.
Tenants threatened by neighbors, don't feel safe.
We have tenants (a family) in a 3/2 SFH in a C class neighborhood that have been having serious issues with their neighbor. Their neighbor is threatening violence against them, and have gone as far as showing them gun...
Matt Hadley
Tenant suing in Small Claims Court
California landlord. Tenant is suing in small claims court for full security deposit plus damages. He rented my house. I agreed to end his lease early because I wanted to move back in early. Everything was by email or...
Susan Carman
Does REO Properties = No Liens on the Property?
Hello BP Peeps,Can someone please clarify, if REO Properties mean the bank has removed all Liens and/or money due on the property?Or does it simply mean the property did not sell at auction and the bank still owns th...
Norm Park
Collecting on Fraud Judgement on a agent and RE scam
Hey BP. I have been contemplating on whether or not to post. But if anyone can help, I'll probably find it on this form.I won't go into too much detail, but will paint general picture. Myself and partners invested a s...
Jeremiah O'Neill
Depreciation building value
Last year I converted my primary residence into a rental property. We purchased the home for $295k in 2006 and it lost value over the next few years, now at around $250k. Per the IRS, I need to use the $250k for de...
Ben Cochran
Should I rent my rental unit to two couples?
I’m interviewing potential tenants for a 1300 sq/ft, 3/2 SF. I was approached by a married couple, their daughter, the wife’s best friend and her boyfriend and theyd lIke to rent the place together. Besides having ev...
Ash Liu
Watering flowerbed led to water damage to neighbor
HelloMy ex-landlord is threatening to sue me for water damage I caused due to watering a flower bed in the garden. How should I defend myself?I rented a house townhouse that had a flowerbed built along a neighbor's wa...
Cassie Montalvo
FL - Surplus funds after auction and a tax lien?
Hello all, I have successfully purchased several foreclosures at auction, so this isn't my first rodeo, but it is my first time with this particular situation and I was hoping someone had some insight...Property locat...
Jim T.
Splitting a 1098 between two properties
I have a tax question that I hope someone can point me in the right direction.I had a loan on one rental and a loan on my primary home. In 2016, I refinanced my home in 2016 loan and cashed out enough extra to pay-off...
Don Konipol
What borrowers say........And What they really mean
What borrowers say……..And What they really mean
I’m not going to pay any upfront fees………….I won’t pay for an appraisal, title report, survey, accountant to prepare financials or anything else required to have ev...