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I am considering going from charging a refundable security deposit vs non refundable fee ($40/booking). If I go with the non refundable fee would I use a liability account?
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Hey BP!Could really use your advice on this one. I purchased a duplex property and inherited tenants (a couple) in one of the units. They had lived in the unit for 18 years before my purchase and I have now held the p...
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I have a tenant who has been living in this single house for 7 years. During these years, he was always pay rent late and refused to pay late fee. This month, he has not pay and did not even the reason. Back in mar...
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When someone engages in a seller financing transaction, what are the standard stipulations? Loan term? Balloon payment? Interest? What about taxes? Does the owner continue to pay property taxes? I am looking at ...
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I have found a few wholesale deals that should apprise well above the price that I found them for. For example, one triplex I have found is for sale at $140k and I estimate that it is worth at least $200k maybe even 2...
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So I'm in the planning stages of a full rehab in Portland, OR. I'd like to describe the agreement that I came up with for what I believe is an equitable split for the proceeds and see what some more experienced rehab...
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Banks have led a great many people to believe that the mortgage mess exists because too many loans were given at or around 100% LTV.
That is hogwash spread by banks because the...
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This week I received my first negative review from a guest.
I understand that this is part of the business, but I'm just wondering what coping mechanisms does everyone revert to when this happens? Do the airbnb revie...
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Hi BP Community,My wife and I are rehabbing our bathroom in our first rental. We've replaced the toilet and have removed a small section of rotted subfloor with sheet vinyl flooring on top and replaced it with LVP. We...
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ORLANDO!!!!!!!!!! (duh!) :superman: