Kim Cooper
Learning Accounting for Rental Property Business
Can someone give me examples of what would be included in an Inventory Account for a property rental business? All I can think of would be furniture that I may or may not use to furnish an apartment for extra rent. ...
Sean Mchenka
Advice needed on potential tenant situation
Our first rental is rent ready ! Yay! So now we are looking so some advice on a particular situation.
We have a potential tenant who would like to sign an 8 month lease so they are free to buy a house come spring whe...
Anthony L.
New Landlord - Planning Ahead for Future Investments
Hi everyone, this is my first post here and I hope to become a long time member. I recently purchased my first home and I am renting out the basement to a friend. This has been ongoing for about 6 months. I do have ...
Lamar Thomas
First time landlord
hen I purchased this property the first unit already had tenants in it that has been there for like 4 years. They recently settled on a house and will be out by the end of the month. They were paying 1030 but they al...
Matt Liu
Renting to Religious Organization
I have a space that got interest from a religious organization that has described itself vaguely as a church and community services organization. They don't seem to have a website. The rep is somewhat mysterious. Are ...
Amy A.
It pays to watch the news
I've been contacted twice by a company trying to place a family that lost their home to a fire. They are even offering extra rent since it would be a short lease. When I found out the location of their burned hom...
Candor Real
When you began investing in real estate...
What was the biggest mistake you made when you began investing in real estate?What was the biggest misconception you had?
Jorge R.
Renting to mental health for a group home
Hey BP Community,I have a rental available in a C class neighborhood and my property manager let me know that a mental health organization wants to submit an application.The property is a 3 bedroom SFR and the organiz...
Robert McEachern
Laundry in Unit?
Hello All:I just purchased a 4-plex which has washer/dryer hook ups in each unit. I was speaking with a colleague about his rentals and he told me "I got some advice a long time ago that said, never install washer/dr...
Brandon Norris
Rental property with a POOL?
Does anyone have any experience buying a rental property with an above-ground pool? Positives and negatives please. The pool is very nice, well-maintained and landscaped, but I’m concerned about the upkeep and liabili...