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This is a very hard area to learn as a new investor. Accountants usually don't give you the time of day if you are under 1m from my experience and aren't apt to answer a bundle of questions. My question is this, I was...
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My wife and I (25F & 27M) are working towards financial freedom by investing in real estate. As we have been saving up cash of our own to invest in real estate, we came across an opportunity to utilize her moms pr...
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I have heard very different opinions when it comes to acquiring rental properties versus strictly investing in quality flips. Some have horror stories stemming from problems with tenants and general upkeep on thei...
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This is my first BP forum post and it is in regards to Michigan law on lease break fees in Michigan. It is my understanding that in the case your tenant breaks a lease contract early, as a landlord, you can only charg...
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I'm just wondering if there's an amount that is too much to charge for a loss mit fee. If the buyer agrees to pay 10-15k for a good deal on a property does anyone think there's an issue with that, either legally, eth...
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We own a 2/1 recently renovated single family home in Red Bluff CA. It is in a 100 yr flood plain. We need to get a flood insurance quote. Our current company, State Farm will not offer flood insurance. Can someone re...
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Has anybody got any experience buying a short sale from Truman Capital? I just spoke to a rep at Fay who says Truman doesn't do them. He was specifically talking about short sales after there was a sale date set. H...
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Hello community,Let me frame this up. My wife and I own a rental in our name. We also have a LLC that has a property management agreement with 'us' to manage the property.Sunday we had a pipe burst which caused sign...
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If a tenant wants to break their lease early for any reason do you as a landlord have the right to take their whole security deposit or are you only allowed a portion until you get a new tenant? Thank you for any info.
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We have a current tenant of three years with good payment history. They are getting married and want to add their fiancé to the lease. We had them complete an application and the criminal background check revealed mul...