Hello - I am about to reject a tenant based on income (applicant's income is 1.8x rent). My listing says 3x rent required.  I want to to be as polite as possible - if I say "unfortunately you don't qualify based on in...

What are you as either Lonnie Dealers (retailers) or Community Owners doing to meet your burdens with compliance in regards to Fair Housing?Given the recent flurry of HUD's enforcement actions this is becoming a serio...

Several files closed with the same title company and they apparently have an issue with the mortgage on the property not being to the county's standards.  The county kicked back the mortgage and deed and haven't recor...

Hey everyone,Stumbled across section 179 while looking for ways to increase my deductions. Anyone familiar with this? My wife and I bought a Ford Edge which is in our names, not the LLC. Will we be able to expense par...

Lately, several potential tenants whose income didn't meet the 1/3 guideline (monthly income should be 3 times the rent) have offered to have a co-signer. The idea gives me the willies, and so far I've declined to go ...

Hi BP,

As
rookie landlords, we've recently listed our first unit for rent @ $850 per month - an upper 1bed/1bath apt in a duplex that we owner occupy & currently live in the lower unit. We're hoping to get so...

I would like to compare projected materials cost vs actual cost for my current 203k renovation to aid me with my future offers and estimating ARVs. I feel nervous about asking my contractor for receipts because I woul...

I am managing our first property by myself for the first time.  I am doing it "by the book" - Brandon Turner's book.   Rent is $1500/month for this SFH.  I have two applicants (single mom and a couple) who seemed grea...

Hi all, recently, I came across an investment opportunity where the asking price is quite attractive . however, the title is not clean. it has two mortgage liens on it ($30k) and the seller will be selling the title a...