A tenant paid late last month and I applied a late fee according to our lease ($75). In their Nov invoice I clearly stated that the amount paid in October went first to cover the late fee and then rent, leaving an ...

Hi everyone. I've been a member of Bigger Pockets for a while.  I've finally taken the plunge,  my first post and my first investment property in the same week. I bought a sf 3bd, 1ba cash. I have tenets lined up. It ...

I have a very large room where about 8 tiles popped and cracked badly (see below). One floor contractor says he can do a floating vinyl plank floor over it after replacing the broken tiles and leveling the floor. He a...

I have recently leased out my commercial property. The lease states:
Landlord agrees to make all necessary repairs to structural portions of the Premises, including the roof, exterior walls, foundation, and exterior...

Hi Everyone, I'm new to the bigger pockets forum. Since the tax season is right around the corner, I'm wondering that how can I write off my leasing agent fee? I worked with one for the leasing agents at Austin area,...

Hey all, starting a short-term rental management company here in Florida and haven't been able to find any concrete information around if a license is needed to manage specifically short-term and/or vacation rentals i...

My husband and I have a 3 family property in Bronx, NY and it also has a cellar. The correct definition we were told is a cellar because more than 50% of it is below street level; however, it has 8 feet high ceilings,...

hello! I currently have three mortgages out on rental properties and made an offer on another one this week. I was told by my bank that smaller banks are now following the practices of the big five and will only...

My first post! thank you BP. I was planning on buying a house next year with my savings until I found BP and other RE channels. Performing Asset vs Liability.1. I am 35 from nyc have about 200k in cash savings, making...

Happy Friday!I'm currently in the process of closing my first primary residence deal in NYC, and I would like to ask for a piece of advice to the community.The current tenant of the Seller failed to move out by the cl...