I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...

Good Morning BP,As Tax Season approaches, and this being my first full year of real estate investing, I realize that the one task that I personally am absolutely am horrible at and hate doing is bookkeeping.  I have t...

I inherited lousy tenants in a property (year lease) who are threatening to sue me for a slip down the stairs. She didn't seem injured but yadayada had to go to the doctors and did xrays yadayada. Now they're saying s...

I am by no means an expert or even a veteran in real estate, but I have been on BP for a while and can’t help noticing that more and more people are coming on the board with a question like “I have decided to get into...

Hi Fellows,i have a new tenant, she works for adult care facility. From day one she is trying to trying to make up things to get free rent by giving empty threats. Following is sequence of events:1. Tenant moved in 68...

Hi BP ! My husband and I are selling our primary residence to pay off all our bad debt and get started in realestate investing. We plan to rent for a year until we save up for a downpayment or buy cash. Should we get ...

I am single and work a full-time job in the school system and have accepted the fact I'll never have the financial security I want if I continue to do what I'm doing...I'll be working till the day I die:( So I did som...

Still trying to understand what we have to do to accommodate a service animal, but long story short, we have a tenant  (the only person listed on the lease) that we have noticed the smell of dog and cat when our lease...

I reached out to my accountant about doing a cost segregation study in order to utilized the accelerated depreciation, and he said that it’s usually very cost prohibitive and is hard to justify unless you have a very ...

Hello,If my rental contract said no dogs allowed which tenant agreed to and later on a few months after the tenant moved in decides to get a emotional support dog because of the coronavirus, can they do that?