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Hi All,I am claiming RE professional in 2019. I'm active in managing all my rentals, my flips etc...However, I have a passive loss from a K1 issued by the syndication deal where I am set up a limited partnership. Ca...
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Yesterday my tenants AC broke. They needed to spend the night in a hotel room because the AC repairman couldn’t make it until the next morning at 11am. I’ve been researching the requirement about whether I need to r...
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What to look for when looking for an insurer for an SFR?
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Hello, 3 years ago I purchased my first home for $227,000 in Grapevine, TX with zero down! I managed to do this because the property was worth $280,000 at the time. On title it showed as a gift of equity. My great gra...
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Hi,I am the Vice President of a Condo Home Owner Assoc. and also own a condo in the building of 24 condos, which I rent out. The building is a Historic building on the National Register built in 1912. We have had n...
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Curious to know who has rented indivdual rooms to tenants where the bathroom and kitchen space were shared. And if so , how did it go?
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My wife is a podiatrist, and owns a practice downstairs for the past year. Now upstairs, there is a 3 bedroom condo which is renting for 1200, while her medical office rents for 1700. We have an option to buy the smal...
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Greetings,
I am a home owner of a condominium with an association. I was recently billed over $20,000 for something that happened 3 years ago.
What happened was some of the houses had some storm damage (the gutters)...
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We have potential tenants that seem like a great fit other than the credit score is just below our requirement of 600. Is there a good way to make up for this? Conditional lease? Increase deposit requirement?
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Hello BP members. My name is Chris, I am from the Harrisburg area, and I am now just getting into REI. I am a long time reader but this is my first post and I was looking for some guidance.Myself and 2 others have d...