Robert L.
Taking back property mgmt--should I write up a new lease?
I am taking over property management of my property from property management company, but don't mind keeping their same lease.
Do I need to create a new lease (same terms) now that I am new manager or can I just keep...
Luc Tran
Fire Recoverable depreciation belong to me or the contractor?
My rental home was damage by fire that started by the tenant. The insurance claim paid out a portion and the recoverable depreciation portion is to be paid after the work is completed. Does recoverable deprecation bel...
Kyle W Smith
HOA Insurance Deductible Issue
Mid-2022 HOA notified homeowners in my neighborhood that they would be responsible for a $2,600 deductible in the event HOA had to file a claim. Homeowners cover the interior (HO-6 policy) and HOA covers the structure...
Matt Buchalski
Section 8 housing in Ft. Worth
Hi everyone,I am a fairly new member of BP. Im closing on my first SFR next week and I am looking to grab a couple more in the next 90 days. Does anyone on this board have experience with accepting S8 on their propert...
Nicole A.
What do you do with a tax refund due to your LLC?
This year, I did LLC taxes for the first time (we formed in 2012). I used TurboTax and did it wrong. I was/am on a steep learning curve and did not even know that we members had to claim any profits on our persona...
Sally Berry
What insurance companies will underwrite an LLC for MTR arbitrage?
Hi all - I have 3 MTRS that I own and I am subletting my first to rent as a MTR. I told the homeowner I would carry renters insurance and my tenants will as well. But its been a problem for my insurance guy to find an...
Account Closed
I have quite a few resources to share if you're becoming an agent
I have just completed the classes (and taken and passed the tests) to become a broker in Indiana.I no longer need the resources that I was using (list below). I am offering to give these (read: free) to the first per...
Eric Meyer
Purchasing My First Multi Unit - inheriting tenants question
I haven't yet closed on my first rental which is a 2 unit, but I'm trying to get ahead of the game here. I've read a dozen books, podcasts, researched, and looked at many properties. But now i'm going to be a landlord...
Neil G.
Damage to STR - Liability Mystery
I just showed up to my rental property after 3-4 months and found my outdoor pizza oven smashed. It was handmade by the previous owner and I have no idea of it's value besides the fact that it was a gorgeous quirk tha...
Jason Jenkins
OPPORTUNITY FOR FIRST REO BULK PURCHASE
I have the opportunity to move forward with my first Residential REO Bulk Purchase. I have someone who will commit to providing the financing so long as I can prove the opportunity.
As it currently stands, th...