Joseph Ret
Legal question concerning security deposit
I have a ex tenant who was month to month and violated their lease agreement by damaging the house, not paying rent and water Bill's. They have moved out but they have come back two months later asking for their entir...
Andrew West
Financing Terms for 10 Property Portfolio
I have a ten property portfolio under contract, nine single family homes and one duplex.This will be my first time using commercial financing and I'm curious how good the terms are and what my options are.The lenders ...
Wanda P.
Words From a Wise Investor
Hi. Think back to when you first started your real estate investing journey. You are ready to purchase your first fixer upper. Knowing what you know now, what advice do you have for yourself?
Jennifer H.
Potential tennant wants me to hold the property for them
Hi I closed on a house in mid December and was trying to rent the place out by Jan. 1st. It's 12/27 and all the work needed is done and it's move in ready. I have had multiple showings but have found no suitable...
Edmund Li
Capex reserve for cheaper props
I am a newbie investor looking to get my hands dirty with my first purchase. I have been in search for my first rental property for a while, and I haven't pulled my trigger because I couldn't get the math right.I've f...
Mark Aiken
First Time Rehab - Need Advice
I'm preparing for my first full rehab on my rental property. I've been looking for a General Contractor and all are booked at least 8 weeks out. I don't want my property to sit vacant longer than it has to. To avoi...
Account Closed
Do we really get tax benefit for rental property?
Lets assume a Scenario: A new investor who invests $150K on a first rental property. No other retal or home mortgages.
IRS: US govt already allows a "Standard Deduction" of S24,400 (Married joint filing). The other o...
Jeremy Anan
Tenant passed away, family hasn't clear the house 45 days after
Hello BP - Hope all are doing great. I am reaching out to have your input. I last communicated with my tenant in early June; he was doing okay. He last paid his June rent on June 6. After not receiving his July rent p...
Tarcizio Goncalves
Capital Expense or not?
Hi everyone, I inherited a tenant when I purchased a property 6 years ago and this tenant moved out. Tenant has been there for over 20 years so the unit has a ton of updating that it needs so that the unit is brought ...
Bobby Hughes
Need advice on Flip
Hi everyone,I am new to real estate investing. I decided to purchase my first house for a flip a few months ago. I purchased the house, built in 1950, for $49,000 with funds from my newly formed Self directed IRA set ...