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I co-own a duplex with my dad. Its a property we have owned for 2 years with a 30 year conventional loan. Is there a precedence for being able to remove a name from a loan, or does anyone know of how to do this? I hav...
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Hey guys, wanted your take on something. My neighbor next door is asking to split the cost of converting a wood fence to cylinder blocks due to my tenant hosing down the yard due to pets waste and water sloping into h...
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Good Afternoon BP Family,I recently purchased my first househack tri-plex, and the one tenant i was somewhat apprehensive about has just alerted me that he will only be able to pay $500 of the $675 rent that is due to...
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This is regarding a triplex. Two tenants are great, and I never hear from them. One tenant feels that he needs a remodeled kitchen, new windows, doors, appliances, etc etc (he did receive new doors, cabinets, applianc...
The app kept crashing while i was trying to post so i wasn’t sure it was posting 🤦🏻♀️ Sorry for the duplicates!
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I have a problem.
I will be having an upcoming conversation in the next week with a tenant.
Out of nowhere he
has requested back money from grounds keeping he has performed
since January.
Originally I was going t...
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In Feb of 2016, I would like to sell 1-3 commercial properties and 1031 them into 1 or more properties.  With only 45 days to identify the next prospects, do most people already have these lined up prior to their 1031...
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Hey guys, I'm getting ready to close (selling) my first flip in Dec. I'd like to roll the profits into the next one, but I've read that you can't roll flip profits to a 1031 exchange. Is that correct, if so, is there ...
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I've learned a ton from other's posts, but now I have a need of my own. For background, I was/am looking into buy and hold properties in San Antonio, but in my search I found that a friend, who owns his own constructi...
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The appliances in a duplex I bought are going to be replaced. Would love to write it off next year as an expense but wondering if that would raise a red flag with Uncle Sam. What do you all do? Capitalize? Or Expense?...