I have a new tenant that works for a construction company. He seems pretty laid back and easy going. Has mentioned a few times about him taking care of this and that. For example, he volunteered to hang a spice rac...
So this may seem crazy, but hear me out. Several of my sellers have expressed concerns about their ability to find a new home to buy - they literally told me they will hold off selling until they see more inventory in...
I have two very needy, nitpicking tenants who have recently informed me that they would like to have the ducts cleaned and they are willing to pay for it. I have refused their request for reasons that I need not go in...
Hello everyone,I am just starting out my REI in the US and have done a lot of research of different areas that I am interested in and want to start looking for properties in some of these areas. I wanted to ask which ...
Hi,I just bought my first place a two flat with a garden unit in Chicago. The first floor is empty, but the second floor tenants haven't paid yet for April. I didn't find this out until the closing. The basement tenan...
We lived in our primary home for 3 of the last 5 years. We rented it out for a year and then sold it. Do we owe capitals gains on it?Our CPA says that as soon as we rented it out it became a business and we have to pa...
I have properties in Ohio and California. Curious how have people setup properties? Do you have one overall Trust and LLCs under each property? Or do you use a series LLC?Could use some guidance here.
Hello BiggerPockets Community,
I'm a new out-of-state Real Estate Investor based in California (I work as a SWE at Google as my W2) and I'm working on brokering a potential deal between friends and a prospective land...
I just had a new tenant move in (2b/2ba townhome, modest quality). They were far and above the best candidates but are only signed for 1 year as they just moved to my area for school and they want to maintain some fle...
So my question is, when do I stop charging my tenant a daily late fee charge if he has already paid most of rent but maybe still owes $100 for that month? I have a renter who usually is about a week or two late with ...