I am currently house hacking and want to know what the best way is to maximize return on Schedule E. 1. Dividing expenses - I see some post saying that I should just divide the unit by half. In my case, my tenants spa...
I know that when a new tenant offers to pay upfront its a red flag. However, for an existing (good) tenant anyone ever consider offering a plan where rent can be paid in advance in return for a discount? I am in soft...
Hey Folks!I went to my first Denton County, TX Sheriff's Sales yesterday and it was an interesting experience. Thankfully my county is not huge so it was not a complete zoo. I am told that the Dallas County Tax Sale i...
I showed a rental today to a possible tenant, who for all intents and purposes, checked all the boxes, they agreed to sign a 12 month lease @$1000 a month and pay $1000 security deposit. Non smoker, no pets, makes 70K...
Hello BP community, I'm looking to get my first deal currently. There's one I have my eye on that might be a good candidate for seller financing based on my conversation with the home owner. Does BP has a general ...
Hi I am a new, accidental landlord learning to buy and hold. I live in the Albany, NY area and have a 3 bd/2.5ba townhouse that is currently renting for 1800/mo. It took 2 months to find a tenant so I took the best on...
I'm not new to real estate, as I am a licensed Realtor, however I've managed to hit a road block funding my first deal. I have only been 1099 for 1 year, and I already have a VA loan out. How would I go about finding ...
Hello all,I've been asked by a colleague if I had any interest in being a private $$ lender for a home flip in the Chicagoland area. I have no experience in this and I'm not even sure where to start to know how the pr...
Just won a property at foreclosure auction after months of searching everywhere and going to auctions! I was given a receipt of deposit by the trustee at the auction and asked to call their company for further details...
Hi everyone, I'm from Illinois and will be purchasing my first rental property very soon. Where do you guys recommend finding tenants? And what paperwork do I need, as far as lease agreements, applications etc.. And w...