Nancy Molinari
What to do on a renewal
First, I am so thankful to have this site to ask questions, since I am only a duplex owner and live in one side - so many of you are real pros and you have all given me great advice before. So my question is, I offere...
Leonard Brown
Should I buy a property with termites?
Hi BP, I’ve gotten several calls from clients on this topic over the past few months and thought I’d touch on it here. Here’s a Thursday tidbit for the community. When it comes to termites and investment properties, d...
Riley Neilson
How are you organized to protect against lawsuits?
Obviously, no one plans to get sued, and you want to avoid it happening at all times if possible, but if it does happen it's smart to be ready, I'm curious how you all approach this because after all, all someone has ...
Phil Baker
Mortgage interest write off on investment property
I’ve been struggling to get the right answer in writing off investment property interest. I thought investment property mortgage interest was tax deductible. My tax guy is telling me it is not. Does anyone have any in...
Pete Crutchfield
Non profit loan options.
I am a member of a non profit - 501c3 - and we are looking to purchase our own building. We can't use a standard FHA loan can we? If not what type of loan products can we use?
I have volunteered to lead the building...
Manco Snead
How do You Keep Property Managers from Screwing Up Everything?
Greetings,I'm buying my first out-of-state property (Iowa) and hiring a property management company to run it. I've dealt with a property management company for my local property and their work ranged from ok to semi ...
Brandy Carter
Adverse action notices
I have just posted my first rental and am accepting applications. I would like help clarifying when it’s necessary to send an adverse action notice or not. If it pertains to something on a credit check this notice nee...
Jared Rice
Who's responsible for what; landlord or tenant?
Hi BPFvery new here, and as you can tell by my post I'm very new to real estate in general.I'm curious as to what the landlord is responsible for and what the tenants are responsible for when it comes to repairs. Woul...
Andrew Kaminsky
Using Out of State Property Managers
Based on your experiences, what are the most common agreed upon responsibilities when using an out of state property manager?
Omer Zakai
Buying a property with a Section 8 renter
Hi all,I am looking at a deal in 43206 ( Southen orchard/Driving Park) on a property with an S8 tenant. The tenant has been there for a long time ( since 2013). The property is priced below market but also the collect...