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Results (151)
Lisa W. Lease renewal validity amid change in management
11 January 2023 | 7 replies

Hi there.  In mid-November I 'fired' my property manager and resumed self-management of my duplex.  The property manager had sent the tenant a lease renewal in October, to be returned by end of January.  I recently pi...

Carlo D. To furnish, or not to furnish
11 November 2023 | 19 replies

I'm about to close on my first rental property in NYC. I plan to do some cosmetic upgrades after then rent it out.  Is it better to rent it out furnished or unfurnished?

James Moesch New BP member from Miami FL
14 April 2014 | 7 replies

Greetings,

My name is James Moesch and I was born and raised in Miami. My fascination with REI began when I was 21 years old working for the Federal Government as a Correctional officer. I was at work, (or in...

Michelle Marshall How to report profit from a "flip" that I never owned?
18 March 2019 | 6 replies

How do I characterize/report the proceeds from a "flip"  in that I never actually owned?Last year I loaned my best friend money to get out from under her house. I loaned her money up front to move out and get settled ...

Chris Marten Need money for renovation cost, but not property.
7 January 2019 | 10 replies

I recently purchase a house with cash for $214K.  ARV for the area is $380K.  I am left with little cash to pay for the renovation cost. The house needs a lot of work to make it sell quickly and will need a loan for $...

Sharon Powell Tenant Screening Dilemma: HUD-VASH vs. Terrible Credit
17 April 2023 | 22 replies

Good morning! I'm screening for my first SF rental, struggling with a decision, and would appreciate some feedback.The candidate I like best is a single mom with 4 well-behaved children. She seems to have a pretty g...

Joe Richardson GC profit for a flip
27 May 2015 | 6 replies

I have a very experienced GC that I would like to partner up with to flip.  He's done work on my own home so I've seen first hand how he works and the skills he brings to the table.  I will likely be purshasing the ho...

Kat P. Tenant left tons of garbage and belongings
7 June 2018 | 16 replies

My tenant's lease was up and when he moved, he left a ton of stuff in the basement and garage, too much for the alley, will cost several hundred to have removed. He told me basically, it's not his stuff and he's not c...

Rick Baker Property Management
15 November 2014 | 15 replies

I'm hoping someone could help me with this, I live in Illinois and a friend of mine is moving out of state and asked me if I could take care of the management of his property, but according to what I've read in this s...

Kim Masek Help me . Getting out of real estate, bad situation getting worse
15 June 2019 | 10 replies

So I tried dipping my toe into the real estate investing niche. My husband was never on board with any of it. I bought my 1st deal from an investor who bought my house several years ago. Two years ago I bought the inv...