Stanley Hendratna
Rental tax deduction
I started STR last year (my first investment property) while working W-2 job. Is it true that I cannot claim loss from the rental property if my income is above 150k (married filing jointly)?
AJ Satcher
MTR Tenant Is Requesting to Terminate Our Lease Agreement...Can I Keep Their Deposit?
Hello all hoping to get some advice on this situation here, this is a first for me.I signed a MTR tenant to a 3 month lease (Mar 30 - June 29). The lease was signed by both parties Mar 22nd. In the lease agreement, we...
Bill Kenny
Taking on existing tenants.. best approach?
I am in the process of buying two duplexes that will come with existing tenants. The rents are currently below the market rent... What is the best approach to make it a win / win and get the rents up? If at all pos...
Account Closed
Building a team?
Hey BP,
I have a question as to how to properly build a team of professionals. I have heard over and over how important it is to build a team and I completely agree and see the importance of it. I'm just wondering ...
Chris G.
How to add an addendum on current owners management agreement?
I was looking to add a new section on current owners management agreements and new agreements regarding an additional charge. I noticed other companies charge the owner a fee like a $100 admin fee or something if we t...
Andrew Cross
Late Payments
We just bought our first rental earlier this year and I'm have some issues with the tenant. Not too serious, she and her kids keep the house clean and haven't caused any damage, but her payments are almost always lat...
Tim Bergstrom
Advice for wholesale/joint venture deal goin south
Hey BP,Hoping to hear some thoughts/advice from some folks who have more experience than I do in this area. Here’s the scenario:I own a property in Memphis I originally bought as a flip. I sat on it for a bit and deci...
Brian Christensen
Bird Dogg Contract / Agreement...and ADVICE!
Ok, I've almost got ALL of the forms and contracts I need....and now I need a Bird Dogg contract or agreement which basically states that they dont get paid unless the deal closes...
ALSO! Need advice on how much to ...
Bruce Woodruff
What happened to Paul?
I always enjoyed @paul Sandhu and his refreshing posts.....haven't seen him around in a while....?
Jasmine Doster
Subject to Short Sale deals
What is needed to successfully negotiate and close on a residential short-sale property subject-to the exsisting loan? Does the bank require you to have a certain income level etc in order to take over the person's mo...