I do not intend to charge my tenants a pet deposit or monthly pet rent. Was thinking of a pet fee in the amount that a deep clean would cost? Carpet cleaning and house cleaning. Would $250 be reasonable and if the cle...

Current and aspiring real estate investors know that real estate offers several tax advantages. From deducting depreciation to deducting interest, there are several tax advantages available to investors.
While real ...

Hello BP members.  I have read every BP article that comes my way and can't get my hands on enough real estate books.  It's been my obsession for the past 2 years.  We recently purchased a 2-family home in NY (long is...

Hello BP,I'm asking this question on behalf of a family member.  Family member + friends have signed a one year lease for a new construction home starting November 1.  They received a notice yesterday that the house h...

I work for my sister and brother-in-laws construction Company (we do sewer inspections & replacements) and would love to know how many investors actually go through with the sewer inspections in addition to the re...

I am under contract on my first property, a 12 unit that is home to many retires and I was looking at ways to cut costs right off the bat and the dollar amount for lawn care sticks out like a sore thumb.  Currently th...

I have a tenant for almost 2 years that never pays on time. every month I need to chase him for rent and its getting worse and worse. last month he paid on the 22nd and disregarded my request for late fees. my conflic...

Hi,Looking for some advice. Is it a wise move to enter into a joint venture with someone I don't know?Has anyone done this, and was it successful/unsuccessful? Example:Purchase buy and hold property. Partner provides ...

My realtor sent me a video of the walk thru. (remote investor) Its a 1500sq foot duplex. Early 1900 build. One side occupied one vacant. Property needs all new everything. Was originally budgeting 60k for rehab. Upon ...

I'm a first time homebuyer.  I want to do something that I'm not sure has been discussed here.  I found a multi unit 2 unit property that I'm interested in.  I can afford the mortgage myself, its less that I currently...