Justin J.
Demolish and replace an exterior retaining wall
Hello BP,Does anyone have any experience demolishing and rebuilding landscape retaining walls? I have a wall that needs to be taken down and rebuilt (or graded) and I'm wondering what my options are in terms of puttin...
Lee Gierszewski
Inherited tenant/lease issues with sellers paying me deposits
I recently purchased a duplex. One unit was vacant, one unit has an existing tenant. I've already put the existing tenant into a new lease so that is not the issue. The issue I have is with the former lease. I was und...
Karah Kramer
Buy a Disney area STR with existing bookings
My husband and I are looking to buy in the Disney area (currently looking at Windsor Hills, Championsgate, Solara etc.), and noticed that many of the listings say that existing bookings convey, if we stay with the exi...
Craig Parsons
Fair Deal for my investor and myself
I have a property that has a balloon payment due by the end of the year. I was expecting a full cash out refinance on a BURRR but the banks wont do the loan yet as I still have more work to be done.We are consideri...
Isaac Hayes
Conveying Security System
I just closed on a property, and the seller let me know that a security system exists at the property. It sounds like the cost of this was billed to the seller, and the tenants were reimbursing the seller each month. ...
Olga Daisel
Tax question on depriciation of new construction
I have the following case, numbers are made up, but the situation is real.I purchased a house in 2021, rented it out, in 2022 I demoed it and build new, finished construction in January 2023 and rented out almost imme...
Lora P.
Four unit building - keep at 4 or fix up unused 5th?
Hi. I have my first rental property under contract. There are 4 rented units. There is a 5th unused unit in the basement, and it looks as if it hasn't been used in a long, long time. Should I fix up the 5th unit and r...
Raj Kumar
Residential Rental - LLC - taxed as Scorp - Need assistance
I have few residential rental properties, for which me and my wife are on mortgage but did deed transfer to LLC. But as for filing taxes we elected as S-Corp, it's been few years we have this set up, but learned that ...
Mike Dawson
Dissolve LLC or change name?
Hi all. I have a Wyoming LLC I created to buy a specific property. I ultimately did not close. I want to use this LLC but I do not want to keep the name. It will still be doing real estate activities. I have a D&am...
Melanie Johnston
Phoenix, Arizona #1 for Attracting & Retaining Workers (Report)
Those of you have invested in Metro Phoenix--or are posting "where to invest" questions--might want to read this article from today's Arizona Republic.At the end of this excerpt there is a link you should be able to a...