Lauren Pedro
General Journal Entry Sale of Property (Fixed Asset)
So I have a settlement statement where we sold the property. I know that we took a loss on it but I am having issues with the journal entry. So we sold the property for $1,050,000.00 and bought it for $1,220,000.00 ...
Kyle Critchnau
Foundation repair in valuation?
I'm going to look at my first house on Monday, and per the seller (the daughter of the homeowner, who is deceased) the house has foundation issues. How do I assess how much it will require in repairs related to the fo...
John Hixon
Need Advice -ASAP
I have a situation I need advice on. This is regarding my personal home also. We switched insurance companies back in June and on Friday we received a letter from our mortgage company saying that they are charging u...
Jimmy Charousapha
Internships for Investments
My name is Jimmy Charousapha. I am new to the real estate industry. I am an active agent here in Nashville, TN. I am in search for an internship to learn everything there is to know about Real Estate Investing. Any ad...
Sam LLoyd
Tenant is still in the property after their move out date
I'll try to make the story short. Tenants gave proper notice to be out on the 30th. I have a new renter signed and ready to move in by the 15th of the next month. Former tenants are buying a house, but the closing ...
Dallas Martin
Section 8 Housing Authority Paid Rent to Previous Owner
I purchased a six unit apartment building in June 2017. The building had one existing section 8 tenant with a second section 8 tenant to begin renting on July 1. Immediately after closing, I contacted the housing au...
Andrew Simms
Underage VRBO Cancellation
Hi BP fam!Got a booking last night from someone local (same area code) to us, just 1 guest listed, and only 2 nights (we only allow 2 night bookings during week days), which is very rare for us. I googled the guest an...
Nanci Janes
Grace Period/Late Fee for Tenant Rents
Do you have a grace period for your tenants rent? When we take on new owners/properties they often come with ... not so great leases with drawn out rent grace periods. For example, we inherited a property with a trick...
Luis Sarabia hernandez
Investing from out of state in Dallas area good idea?
I am looking into investing on my first property in the dallas area. I live in San Francisco and want to see if anyone can give me some advice.
Kay M.
Tenant and unclear 30 day notice, do I send a 30 day vacate back?
In the beginning of June, I sent a letter to my tenant asking if they would renew their lease end of July. In short, I wanted to get a head start and an idea 60 days before the end of their lease to see if I would ha...