I was discussing these questions with a friend of mine who is about to close on his first property and I thought I'd pass the questions along to the forums:1. If you purchase a property and inherit the tenants, tenant...
Hi BP - Curious what others have done when faced with the deadline to sell under the current "2 of 5 year" rule and soon to be "5 of 8 year" rule in order to take gains tax free on a primary residence.We own a very ni...
What verbiage should I use when putting a non smoking clause in our lease for a rental property? I am allowed to include that right?
My experience was limited to SFR but I'd like to learn more about multi-family... For those tenants usually rents those 4-plexes, why do they choose 4-plexes over apartment? Do they in general call landlords/manageme...
Good afternoon,I was just notified by my tenant that he was weedeating around the foundation of the house, and ended up catching a rock and flinging it through a pair of french doors. The doors will cost $800 to repl...
I didn't set out to become a landlord but am now renting two houses. It's the 2nd that's giving me trouble. I inherited the family farm. We live over 3 hours away. The farmhouse is 3 bdr/1 1/2 bath and sits way o...
Hi Everyone,So tomorrow we’re going through our first walk through in the city we’re looking to invest and it’s one of the few multi family properties that actually make financial sense in our market. I’m wondering as...
Would be interested to hear from new and seasoned investors!I can start and others can add as well- Under improvement - I think lots of people try to get away with doing the bare minimum but expecting top dollar rent...
hello all! i am wondering how you all estimate repair/rehab costs when you don't have a GC or contractor readily accessible when seeing a property? i have some ideas on things like costs for granite countertops, appli...
Hi all! I am going into escrow for my first STR purchase (yay!) that is an existing Airbnb with future bookings into the year already. Ideally, I would prefer to capture their existing bookings after closing, by direc...