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Hi All,I've just purchased a duplex using an FHA loan. The MTM tenant downstairs was notified by previous owners during the process of the sale that they will be required to vacate the property (JULY 31). I know this ...
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So I decide to sell a rental property within a LLC. for which I am manager. It was listed for sale while occupied but then the renter moved out. Shortly after the property sells. Now I discover seemingly bizarre IRS r...
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It's a single family house for rent here in NY state. Tenant just let me know they're braking their lease and are leaving in 30 days from now. In addition they don't want to pay for the last month rent and are forcing...
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Decent tenant of 4 years moved out , only gave 2 weeks notice . I schedule a move out inspection the day he is leaving . They call for a east coast snow storm so he calls me and tells me he is leaving 2 days early an...
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Currently doing repairs from a tenant departure. Shocking how little regard people have for a brand new house that doesn't belong to them. Life lessons!One of the allowed deductions beyond material damage is wear tear...
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I have a client who's retired on social security with $1400 a month. He has a $250 mortgage payment on his current home. But not really any other debt, drives an old toyota, that type of guy. If they wanted to purchas...
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I have been a landlord for 13 years and I have always had the rule "I will only rent to people that I like and I will only manage units with people that I like" if a unit attracts people that I do not like I either se...
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Hi BP community, I bought a 5/3 SFH in Denver-Metro area in December 2021. I renovated the basement to be a completely separate suite from the downstairs, with its own entrance (washer/dryer, bathroom, and kitchen). I...
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Hi BP Community,I am looking to flip properties in Columbus, Ohio.What are your thoughts on Franklinton (Zip code 43222) as a flip market?ThanksAmit
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Hello All,Quick question for the Memphis and Shelby County Tennessee marketers if there are any that use the information. Does anyone know the steps for getting a list of code violations from the city? Supposedly al...