Janet Reindl
Insurance payment considered income?
If a tenant's motorcycle insurance pays the property owner for a claim of damage done to the rental unit should that payment amount be listed as income for the owner on the Schedule E?
The affordable housing crisis is an ongoing challenge here in the United States, but this developer has cracked the code in her own backyard—providing more opportunities for low and median-income households without ge...
Tim Porsche
What Are Your Three Favorite Methods To Find Deals?
Hi All, I am going to start looking for my first fix and flip deal within the next month. I have purchased and manage three rental properties, but have never done a fix and flip before. It seems like the most crucial ...
Corey Chambers
First Real Estate Investment - Out of State - Analysis
Hello all,I am new to the Bigger Pockets forums, however have been listening to podcasts to and from work for months. I am a commercial credit underwriter for a mid-size bank so I have a good understanding of real est...
Gary Fare
Collection Agency Process
I recently purchased a 4 unit a few months back and got stuck with one set of poor tenants that I evicted. Their rent due was in excess of the security and although I do not have any expectation of collecting, I woul...
Jonathan Greene
The New Forum Trend of Fragility and Trolling
The forums here are always a mixed bag, but recent occurrences have unveiled a new low in trolling.
It's commenting on comments and then attempting to gaslight.Multiple times now, someone has commented on either a po...
Hai T.
We have a contract and seller has gone AWOL
Hello fellow BP'ers, I am new to BP but am not new to REI. One thing that I've never experienced in the last 17 years of doing REI is a seller that refuses to go to the closing table. I've got a fully executed contr...
Steven Oatch
Landlord asking for late fee.
So
my landlord reached out to one of my roommates this morning about never
receiving this months rent check. We checked the tracking number and it
showed as "Customer not available or business closed". This happ...
Damien Clark
Looking for Staging in the Baltimore area
So my first flip is coming along and looking to list in a few days. Does anyone know of any reasonable staging companies that service the Glen Burnie area? ARV is 210k-220k should I even bother to stage?
Dami...
Natalie Gelbke-Mattis
Financing Options for a Rental I manage but do not own
I have a single family rental that is in my mom's name, but I have been solely managing for 10 years. I collect the rents, report the income and pay all the expenses. I attempted to do a cash out refi into my LLC, an...