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Requesting guidance from experienced landlords in New Jersey. I have a trouble tenant renting a condo from me for past 4 years. Every time there is an appliance issue, he threatens me to deduct money from the rent if ...
Hello, I purchased a washer/dryer and coinbox for my 3-unit property back in October. I was wondering if this is eligible as a business expense - or another type of qualifying deduction - so that I could finish up m...
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My out of state tenants need a new fridge. They have found a used fridge and suggest splitting the cost. The cost of the fridge is $450.
What do you suggest?
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So it is winter and I have been searching for bargain priced condos to add to my rental portfolio. Unfortunately there is a severe shortage of townhouses, which seem to be the best kind of rental unit here, in contras...
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I need a new stove for our duplex. I've been looking on Craigslist, etc. but I'm not sure if the savings are worth the hassle and buying new might be better in the long run. What do you all do?
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I am currently looking at a foreclosed home and planning to buy and rehab. As a foreclosed home, it has mold and bad roof. The question I have is, in order to make it rent ready and not to spend too much to make it lo...
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Ok so what if you find a property that was just renovated with new HVAC, floors, roof, gutters, kitchen, bathroom, etc.. to be like brand new? When I run the 50% rule with counting 10% for things like CapEx, repairs ...
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BP Community – I would love to get your take on this deal. I have been reading the forums for several months, as well as listening to the podcast, but have not posted anything until now.
I am a somewhat new i...
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A few years ago I decided to keep my house and rent it out when I got married and moved into my husbands house. I simply put a home warranty on the house for $500 per year and when anything broke, like a garbage dispo...