Curious to hear what this community thinks about the proposed legislation to get rid of all income taxes and instead implement a sales/consumption tax? It is very unlikely this passes, but could it actually work?https...
We occasionally come across properties that need little to no work that we would like to keep as rentals. We are buying at a discount but when talking to DSCR lenders all want a 20% percent down payment even if the p...
Hello Everyone,
I have a property in Northeast Philadelphia, I bought it around Mid-September last month. As soon as the deal closed, I submitted in my application for the Philadelphia Business Privilege License (wh...
can someone please explain exactly what this word means ?
I've been doing a lot of deal analysis and keep running into negative cash flow unless I cut my purchase price by at least 40%. Is this why everyone talks about needing to find off-market deals to get a price that goo...
Good morning,I am currently working a 9-5 in property management and am wanting a way out. I am 22 and have been working in property management for close to 2 years now. I look at the people above me and what they hav...
From what I've read in the forums it seems that conventional wisdom here is it's best to hire only contractors & handymen that are insured. I adopted this perspective when I started as a landlord as I tend to trus...
Landlords and Property Managers should stop inspecting occupied rentals.For residents, an inspection feels like a prison shakedown without the cavity search.For owners, negative goodwill with the residents and some ph...
Hello BP Community!I'm a residential investor in FL and I have been considering expanding my portfolio by purchasing an assisted living facility (ALF). This is a very new venture for me and I would be very grateful to...
I had a sewer line collapse at my rental. The city came out and said it isn't city responsibility. Insurance came out and said it isn't covered. Plumbing company doesn't have a payment plan. All in they want $20k that...