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My business partner and I bought a rental property and split everything 50/50. She is using a tax accountant to file her taxes and I am using Turbo tax and I noticed there are differences with the way we are filing f...
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Hello BP,An owner of multiple units reached out to me and was interested in my property management company. One of his questions was the transition of the properties from his current PMC to mine. From everyone’s exper...
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Hello Everyone,
Hope all is well with you.
Over the past year I have been reading books, watching real estate investment videos, and the 1% rule seems like a common target a lots of investors looking for. It is basi...
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Hi All,
I purchased my first judicial tax sale last year. I thought that I did enough research into it but I clearly did not. So I had to learn the hard way that most title company wont underwrite a title insurance...
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Hi Everyone, So, unfortunately, I'm in a situation where I need to prepare a notice to quit. I was able to get a properly worded copy. My questions are the following if anyone can help. I prefer not to go to the prope...
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Hey everyone, I am selling a home down in Indianapolis, and have signed a purchase agreement with another investor 2 weeks ago. We are supposed to close by next Monday, Feb. 21st. Almost immediately after the purchase...
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Hi, I know this is a common problem in multifamily but I honestly don't know how to handle this since I'm not at the property myself and the situation escalated where the police has been involved.
Unit 1 is vacant a...
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I rented a 2 bedroom, 1&1/2 bath duplex to single mom and daughter 3 1/2 years ago for 975 a month. She is now on a month by month rental agreement. Last Sept, her dad and and an invalid man he cares for moved in....
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I have a friend in Tennessee that charges late fees of $5 per day, instead of the typical "$25 if later than the 5th", like I use.
I like that a lot.
Is this common?
Thank you.
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Hello friends here at BP !
So I filed an eviction against a tenant. I served him the proper notice and we had our day in court. The judge ruled that the tenant is to pay me the amount owed and to leave the property....