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Hey guys,One of our tenants just reported rat droppings inside his unit! He advised this has been going on and off for 4 months, and he did not want to be a "complaining" tenant hence did not report this before... I h...
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Is Brickell Miami a good investment area for short-term rentals? Why/why not? Thank you.
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Hey BP, I was wondering what I can use a security deposit for, in terms of repairs. I currently have a house that is going to need ALL of the rooms repainted upon move out. The question is, can i use the security depo...
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Here is the hypothetical scenario. The exchanger owns a property that is worth $1.4m with a $300k mortgage. Upon sale of the property the exchanger walks away with $1m. The goal is to perform a reverse 1031 exchange. ...
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We had a small fire in the common area of our association that caused damage to all six units.Some owners decided to take advantage of the situation and add on minor renovations to the repairs.The insurance company (E...
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I was referred to a hard money lender by a real estate agent. He claims to have done over 600 deals. I've done some research and all I could find is that, he does have a website (with the name of the company on one pa...
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Hello BP members. I have a few rental properties. Once every six months or so one becomes available. I re-list on the multiple listing service in my local area and I get dozens and dozens of applicants. My hard an...
This is my first time buying a house. I have enough money to put a down payment and closing fees for a 2 Million dollar property. Ideally, I am interested in buying a multifamily house, like a duplex. That being said,...
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Hi, This is my first time buying a Mobile Home Park and i found a lender and he just got back to me with the appraisal quotes. It is $3000 for appraisal. Is this even reasonable for a 7 mobile home and 1 single famil...
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Domicile: WA State (income tax free)Property location (Texas): (income tax free)LT gains + Depreciation recapture ~ $300k on a $500k income property ~effective / average tax rate = 12% for past umpteen yrs (relatively...