Hi all! I have been a big fan and follower of BP for some time now. My fiancée and I are finally starting to invest in Real Estate through a house hack in the Chicago area. We are currently in the process of looking f...

Ok, I have read all the IRS publications and seen many forum answers on this basic subject and I THINK I now have an answer from IRS publication 523 but would like confirmation if possible as I think I have a quite ra...

Good morning.  My tenant has lost his job.   Two weeks ago I hired a property manager because he is an high maintenance tenant. He has not informed me or property manager of his situation yet but I know because I have...

I have a tenant who is buying a house and moving out of mine......I hope.  They were supposed to close 3 weeks ago and are due to move out April 10. I have a tenant ready to move in may 1. If they issued notice and ar...

Hello all, Just bought a condo last year as a personal residence in Chino Hills, CA.  I stumbled across some readings about HELOC's and how it helps pay the home mortgage down faster and paying less intrest.  On top o...

Hi All - One of our tenants that is typically late on rent and usually needs a reminder (or 7) is late on rent again. A few days ago we sent him a late notice, left a voicemail, and have texted - all with no response....

Hello whole new world!A little background on me. Grew up with family in the real estate business. Stepdad was a realtor and his brother was/is a builder in southern Oregon before the crash. I have always thought I wou...

Tenant... signed lease in December paid deposit. Lease began in January. She has not taken possession of the home. We were supposed to have her walk thru today and she was a nocall/no show. Instead she sent us a text ...

Just curious, on the percentage of tenants cause problems. Could be property damage, breaking leases, evictions etc.