Cory Melious
How to add early termination fee's that stick in NYC?
I have a tenant leaving early because she needs to go deal with family in CA. It's stinks but I totally understand. However, it's annoying because that tenant just moved in on the previous tenants broken lease due to ...
Kevin Noesner
Pros and cons of 469(c)(7)(A) election
It's that time of year again when I'm trying to figure out if I should aggregate all my rental properties into a single activity with the 469(c)(7)(A) election. I'm aware that it removes the $25k deduction cap, so th...
Chris B.
General holdover question
I have read several posts here on the topic of holdovers as well as researched the idea elsewhere. Based on your advice (Nathan) I think I'll be adding the criteria that holdovers will be charged at 4X normal prorate...
Lisa Wilson
Charlotte, North Carolina Rental Ordinance Questions
Hi, I received a call from the community police officer saying there was a noise complaint from a neighbor. Apparently, my tenant had a loud party over Fourth of July Weekend (she said it was 5 people). Anyway, I know...
Ryan Young
Wholesaling house with delinquent taxes
Lets say I have a seller who owns a rented property free and clear but owes 10K in back taxes and wants to walk away with 50K in his pocket. At 60K the numbers work and it is a good deal.
If I have an end bu...
Nicole Bryan
Rental Property Insurance Payout and Tax Questions
Hello team,I have a rental property that burned down to the ground recently. Adjuster called this morning saying that he was going to request a payout for the 200K cash value. I owe about 125K (mortgage, demolition wo...
Brendan L.
Seller pushing back close date, what can I do about it?
First househack duplex, our contract had close on June 16th. I took 2 weeks off work between then and July 1 to make my unit livable. Those dirty tenants can't move into their new place until July 1. My lease is up Ju...
Steven Drumwright
Rebuilding burned property on same foundation?
Hey guys just looking to get some insight on a deal I am considering. New investor looking to do it right the first time. I have a lead on a lot in a well established residential neighborhood. This lot includes a foun...
N/A N/A
Every single REO is listed! Why is that?
I've talked to a couple banks, and they referred me to their website for bank owned properties. Turns out every single property listed on their website is listed by a realtor! Why is that? Is it just a coincidence, or...
Kalen Jordan
Bigger Pockets podcast ads
Bit of an odd rant, but does anyone else find it a bit odd that the BP podcast has ads? Since BP is a paid product, you would think they would either have no ads at all or only advertise the BP community.Ads always di...