Nick Ferrari
Evicting a tenant; Pennsylvania
Hey Bigger Pockets people!
A couple of the homes we are considering have tenants and the possibility of evicting a tenant seems likely. Keep in mind we live in Pennsylvania so if anyone knows the state laws or proces...
Bryan Hancock
Beating The $52k Solo K Limit For Investors With Multiple Businesses
I am writing about this on BP because I just found out about it and there are bound to be some tax wizards on here that know about about the game theory needed to navigate our ridiculous tax code. I stumbled upon thi...
Kirby Allen
Buying my grandmothers house...questions
My grandmother moved into a retirement home type facility a little over a year ago and her house has been sitting empty since while she still pays the mortgage on it. Recently it has been brought to my attention that ...
Bienes Raices
Determining basis of REO property (rental)
If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?
I have been told vari...
Jerryian Francois
How to handle a tenant who doesn’t want to sign eviction contract
Hey Bigger Pockets Family as you guys know I recently purchased a multifamily and I am now going through a situation where It was recently brought to my attention the tenant has been subleasing the other side that I r...
William Lok
Tenant Wants to Break Lease
Hey guys,
I just got notice from my tenant today that he wants to break the lease for two properties that he's currently renting out. The lease does not expire till 9/30/2014 and 1/31/2015 respectively. I went throug...
Michelle Phimmasone
Tenant not paying rent, is it possible to sell
We are in Menifee, CA and have moved into a new home since 2019 and so have been renting out our previous home. The current tenants have been on a m2m lease since June 2020. We were charging under-market rent because ...
Connie Brzowski
Replacing AC/Heater?
Quick question--
We rehabbed a place about a year ago with a window air conditioner. We're in TX and air conditioning is a necessity with heat needed only a few weeks out of the year. The attic space is extremely ti...
Istvan Roman
What strategy you'd recommend - buying undivided common property
Hello everyone, been reading BP and the forums for some time; this is my first post and would really appreciate your opinions & tips. I guess this is more for those who look for some brain exercise as it is a bit ...
Nick J.
Dear Short Sale Gurus
While I'm not here to bash any particular 'guru' I am here to inform some of the new(er) investors before they purchase any of these high priced courses to riches.
1. Please update your content.
If you wr...