Years ago another landlord told me he kept one of those stand up infrared room heaters around to keep a tenant happy until his furnace guy could get there to fix the problem if a furnace went out.Last night, while all...
I'm trying to reconcile my (50/50) partners historical tax treatment of our mixed-use residential property with mine, among other things.
She's always had a tax pro, I've always DIY.
A big mistake: I've always done...
Listened to a BP pod cast the other day on buying notes. Iv been looking for my second rental property but after listening about notes I'm interested in learning more about them . Does anyone know of a good book or...
Just like the title says. New one to me. I knew she would be trouble when I met her at inspection but didn’t think she’d show her cards so early. Evictions take 8-10 months around here. Her unit is not in great shape ...
I know the forum posts that get all the 'likes' and 'comments'.. the ones that fire people up.. the success posts that begin, “I quit my job and closed my first deal!!” or “Finally reached our passive income goal!!”I,...
Hello BP!I am in the process of purchasing a home in Kansas City, KS. My math says that I will make over 500/mo in cash after all expenses are paid. Here is the problem... I am paying 85k for this home, the comps in t...
Just wondering what everyone is using for TV/Video Streaming options in their STR units? What is most requested by renters? Do you include a dvd player too? Thanks.
Relaxing on my couch on Wednesday evening and my property manager calls. This is unusual and she has some bad news. In our newly acquired 4-unit building, one of the tenants smelled gas and called the gas company. ...
I purchased a property in Miami Dade a few years back. A year after owning it, a new tenant moved in and when she tried to turn the water service on, she was told there was a lien for unpaid water. The water company w...
Hi BP community,I am a tenant and had a question about the following statement in my lease agreement:"Regardless of assignment of responsibility, tenant agrees to be responsible for the first $250.00 of any repair or ...