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I'm in the process of converting a vacation home I own into a rental property as well as trying to pick up another SFR home as a rental in the near future. Right now, the vacation home is insured through a brand n...
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What is the proper/appropriate way to fire your real estate agent?
Hello! I'm a newbie to BPÂ as well as to the Real Estate world. My goal to REI is to start with becoming a licensed real estate agent. I'm not sure if this is an appropriate forum for it but I'm taking my New York Stat...
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Hello BP - I am looking to connect with anyone with experience buying investment properties with little $ down. I currently have my "investing" cash tied down in 4 other doors and would like to purchase a SFH or 2/3 u...
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Hello, I’m getting ready to file my taxes and add in my rental income. My tax advisor is saying that because I rent my two properties below fair market value that the IRS doesn’t count my rental income because I’m not...
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My tenant caused a fire in a four unit apartment. The fire has made his unit uninhabitable, and will take me a month or so to fix. He was only on a month to month lease and is not trying to move back in when it is fix...
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I came across an interesting opportunity to possibly get me started in real estate investing which I have been trying to get in for some time now.I am in the process of moving to a new home, and was considering turnin...
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We're about to rent a 2bd house. Two people applied as roommates. After running background checks via SmartMove, we feel that one person is qualified but the other isn't. We plan to send a denial letter (is email okay...
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Hi All,Just bought my first two family home. Since there is one heater and one meter, the heat and electric will all be in my name as the land lord. I understand I will need to price in the costs and I can call the ap...
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Do I need a special operating agreement drafted for the purpose of holding a long-term rental in an LLC? Or is it sufficient to use an "off-the-shelf" version I can buy online?