Do You Have What It Takes to Be a Landlord?No question about it—not everyone is cut out to be a landlord. Landlording requires a lot of skills and a certain state of mind—some not easily learned or adapted to. Can you...
I purchased a duplex that I have lived in for a couple of years. It passed all inspections when I bought it, however I quickly realized there were many problems hidden behind the walls. I did some digging and found ou...
I just bought a duplex about 2 weeks ago with tenants in one unit already living there. I realized that the tenants are heavy marijuana smokers and have permeated the smell to my other unit. I am having issues showing...
I was recently informed that there was drug activities in one of the units. Also there have been vandalism and coin operated laundry got broken into that possibly related to the same tenant. However, the other tenants...
After enjoying 3.4% interest rate over the last five years, I'm now confronted with the challenge of managing a 6% interest rate in the coming year. This is a source of significant concern for me. Moreover, the rate o...
I am posting this for a family member to in hope to get some solid advise as I have received on BP in the past."There was a contract between family member(owner) and tenant in 2007 with intent for tenant to purchase t...
I found a new accountant to help with this year's taxes and unfortunately he doesn't appear to know a whole lot about rental property taxes. I picked up our completed taxes yesterday and fortunately I know enough abo...
Firstly, let me say though I have been investing for a handful of years I have only been an active landlord for a the last three. I find myself now reaching the point when I have begun to experience some of the staple...