Are you suppose to send a letter after you have reviewed an application and you find that the applicant isn't suited for a rental? If so I'm wondering about what things are acceptable to deny an applicant. Obvious rea...

Hi BP community! Special thanks to everyone who has offered advice and answers on this website. I have learned a great deal and your generosity is very much appreciated.I am currently looking into possibly purchasing ...

I heard that if a house is listed in the county appraiser website as a 2/1 (for example), but someone did an unpermitted "garage to a bedroom" conversion to make it a 3/1, that when you eventually sell the house the a...

I know that a lot of newer investors have trouble understanding the rental license process in Philadelphia and what must be done. Below is a step by step process of what you need to do to get a rental license. Once yo...

I saw a post last week where someone lamented how many success stories and how few horror stories get posted on here.  So I thought I'd start one to give a little potpourri of what I experienced in the last week in my...

We are under contract on a property. We have 60 thousand dollars in a 1031. The seller is willing to charge us 30k in points to seller finance the deal. However, we would like 25k back after closing for repairs etc. Q...

I have a tenant that moved in August of this year.  She paid her deposit and rent up front.  My problem was I did not screen properly.  Now for the month of September I only received a partial rent.  In October I rece...

Looking at a high end flip in Brentwood. Would like to zero in on costs. Looks like it will need kitchen upgrade, move 2 bathrooms open roof line and add sq footage plus an ADU. Anyone able to ball park costs? 

Good afternoon,i am wondering if anyone could share their experience about transferring funds of a rollover IRA from one custodian to another; wherein funds  via check. I plan to utilize the funds and deposit it  to t...

I am in AZ and my county charges a non-refundable, non-interest bearing $10 fee per lien.  I am curious how you guys deal with that when it comes time to paying income tax?  Do you deduct it somewhere?