A current tenant will be moving out next month and I'm excited to get the unit ready and have it rented out at the current market value. I heard in the past that a land lord can have the new tenant sign a form which ...
Hi everyone. I have a great tenant. He's responsible, responsive, takes good care of the place, pays on time, etc. I've recently noticed, though, that his girlfriend stays over several times a week. She also has a sma...
Why would a seller care about the amount offered on a property if the property has to go to short sale anyways?
Example:
Listing price $120
Buyer's initial Offer: $95
Seller's counter: $115 (short sale)
Buyer's coun...
I'm in Chattanooga, TN currently. My property inspection on a 16-plex I purchased was yesterday. Crazy how much mold is underneath all of the units, so I'm sure it's deep in the walls, etc. Also, 16 joists need to be ...
Hey BP!I recently acquired a duplex (two separate structures) in Colorado Springs. I rehabbed one of the homes and doubled the rent with a new tenant. The rent of this unit is almost double the mortgage payment for bo...
I just read Ayn Rand's book Atlas Shrugged. What does everyone think
of it?
I like alot of ideas she had about socialism and capitalism. But I also thought like any idealogy she went off the deep end in some places...
Not sure if this is the right category, but I would like some input. I have an LLC from my pet care business that I recently closed. The accounts are empty yet still open and the LLC is still in good standing, so cou...
Hi Everyone! First post, long time reader. I am looking to buy a former ACE Hardware building that is a 15,000 sq ft shell for $450k. The kicker, there are only 12 parking spots for customers. There is some "e...
I know that you pay property taxes for the property you are renting out, but are there any business taxes that you have to pay as well? Is there somewhere that I could look to find out tax information?
My husband and I are looking into trying to invest in a property that would cater to people that would need 3-6 month rentals if possible. We know of traveling nurses that need that, but I was wondering if anyone knew...