If you had one suggestion that you wish you knew when you were first starting out, what would it be?
This is my first self-managed property, a 4 plex I closed on this week. One of my inherited tenants is moving out on the 25th, although the lease is to the 31st. That said, he arranged the gas to be switched back into...
OK. We all have been there. You have a bad tenant and you want to evict them fast.But the process is long and expensive. Here in CA it takes 1.5 to 3 months to evict someone and about $800+. If your rent is $500-$600/...
I will be closing on a property next week that was previously a rental for the past 8 years. The apartment smells horrible due to the tenant allowing her pets to urinate all over the place. Their was carpeting on top ...
Hi Everyone, Happy Holidays!In this article about "Taxes when converting your rental to primary" - https://www.nolo.com/legal-encyclopedia/taxes-when-you-convert-your-rental-property-your-personal-residence.html, it m...
...I finally had to evict my first Tenant. I've threatened eviction before, even filed the documents and had a court date, but have never made it to the hearing before now. These tenants were placed by a former prope...
I am planning on taking the leap on getting into my first flip. Please tell me if I am crazy. First off I am an agent and am very familiar with the market and have access to some very good deals. I am confident runnin...
I've been interested in getting into renting out my house, but some of these horror stories about tenants doing 20k+ of damage while leaving is seriously making me reconsider. It also sounds like insurance won't cover...
Hello, I am currently in the process of doing some cosmetic renovations to my investment property and my contractor is constantly coming across bad mold, water damaged cover ups, and structure defects all throughout t...
I've read other threads on BP about mold, but as you know different regions of the country tend to experience mold in different forms and fashions. Here in the south, we have lots of crawl spaces that are very hum...