My tenants lease ended July 31st at midnight. I sent notice on August 31 with the itemized list of damages, which was extensive. It exceeded their security deposit. I have proper notice and documentation. Philadelphia...
Hey everyone,Getting started with some small multi family properties and after listening to many podcasts and reading around on here it seems one of the biggest issues with being a landlord is retaining high quality t...
Hi BP community!
I'm scheduled to close on my second 2-unit property but I know that some time in the future there are repairs/updates that I will have to make.
For example:
-The parking lot/driveway needs to be resu...
Hey everyone, I have a home fully paid off that I live in, as well as currently rent out to one person. If I converted my primary residence into an LLC and then rented to myself (i.e., I'd still live in the house), co...
tenant moved in April. has certificate. paid 1st month. house passed inspection TWICE since May. have not received any rent from sec8 to date. nothing!! received ltr 7 July they 'propose' to terminate contract 4 Aug....
Good day BP.
I’ve got a question about how my accountant does my taxes in regards to my rental.
So I rent a SFH to my mother in law for $1,200/month (which is about what the mortgage payment is). Fair market value w...
As renter, the units always had appliances. I never thought twice about it. Now as a landlord, I’m faced with a decision to provide appliances or let the renter provide them. To define appliances, my scenario calls fo...
After the excitement has set in once you’ve discovered the amazing returns passive investing through syndication can provide, you’ll want to dig in and get a better understanding of how you will get paid. In this bri...
My husband and I are getting ready to jump into flipping houses. He is a bit hesitant and typically thinks of worst case scenarios which has him a bit panicked. I want us both to be completely ready before we do this....
I am looking at two duplexes. The numbers work for me (2.7% rule), are in a part of a city that I like and are priced right. There is one major issue. The old landlord signed long term (5 year) leases that don't ex...