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Hi! I am a U.S. Citizen living abroad and I just purchased a property in Baltimore, MD with existing tenants. I have a trustworthy friend who will be JV'ing the property management. He will be collecting the rent v...
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My business partner and I started a property management company this past year after managing a friends airbnb/VRBO. There was a little bit of flexibility in terms of how we collected money with our friend at the time...
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I have a tenant that is a friend and former coworker who has been late on rent 4 times in the past 12 months. He has auto pay set up but due to some financial issues, the account sometimes has insufficient funds so hi...
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So my tenants trashed one of my rentals and moved out. Carpets were soaked in pet urine and engine oil. Countertops were damaged. Fist sized holes in every room. Doors ripped out of the wall and left the house full of...
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I loaned a large sum of money to a friend's business LLC and he has defaulted. Can I claim the loan loss on my taxes?? Unfortunately for me, the loan was unsecured but was documented in a Promissory note..........live...
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Hi, I live in Charlotte, NC and I am brand new to house hacking and real estate I have 4 rooms in my house to collect rent from and I am looking for the best software/way to collect rent/manage the property. I need a ...
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I have a friend (John) who is in need of some help with his previous landlord. I told him there is this wonderful community at BP that will likely be able to help him. The apartment was in the Pittsburgh PA area.The...
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Hi BP community,So my friend is building an ADU in their backyard in the Los Angeles (specifically Westlake Village / Moorpark area). A couple of questions came up.1) What is a typical payment structure that is fair t...
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The reason why these deposits weren't collected is that the tenant is the owners friend. But since I will be taking over the property very soon should I collect payment for security deposit and pet deposit or not. Wha...
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Hi for all the landlord out there, I recently just had a tenant moved out because their lease is up and we no longer wanted to lease the apartment to them. When I inspected the apartment it is in a very bad shape - ca...