Tony Vrolyk
How do I allow a couple extra weeks after issuign a 30 day notice
I have a SFH rental in Rockford IL and I issued a 30 notice to my tenants last month. That 30 days ends this month - Aug 31. They need a couple extra weeks to finalize their new housing which I am willing to do on a p...
Mark Forest
Costs to get property rent ready.
I have a house I have started to work on in one tax year and continued to the next year. I assume that I cannot depreciate the house till it is ready to receive tenants, and it is all depreciated over the 27.5 years ...
Kenneth Watanabe
Tenant is not paying rent, refuses to leave, courts are backed up
I am trying to view a condo for that is under contract for purchase. The listing agent says the tenant is refusing to show the condo and is currently being evicted. The tenant has not paid rent for several months now ...
Seolhyun Lee
HUD accepted lower price offer than mine. How is it possible?
I offered 50,000 to HUD through my agent for a SFH 2b/2b (listing price 62,000) where comps are around 65,000. The offer was on 10/14 and HUD kept sending us counter offer at 52,000 up until 11/07. There was no listin...
Rebecca Miller
Primary VA and Househacking Second Home
I'm a teacher and new to this so I'll try to make this short. We own 1 house. It's in California and it's financed with a VA loan. We have equity (prefer not to tap into this yet) and the 20% down needed for up to a $...
Alex Korch
Helping Other Investors
So, I have only done 1 deal so far. It is pretty lucrative. Hopfully getting the second deal done the first week of Jan.
I have an excellent realtor and banker set up.
Through networking as well as extended family...
Samuel Bavido
Storing vinyl flooring in the cold
I just bought about 800 square feet of luxury vinyl flooring on sale. I won't actually be using it for a couple months. I could carry it all into the basement of the property, where it will be closer to the heater an...
Renee Cato
Wholesale Contract Timelines
Hello All,I've decided I want to add wholesaling to my business and have a question regarding timelines. Once you contact a seller and successfully pen a contract, what timeline(s) do you typically use in your contra...
Matthew Slaughter
Potential Tri-Plex redevelopment with One Tenant still in Place
Hello BP Community! We have a potential deal in the works that has a business on the first floor and apartment upstairs. Plan is to add two additional units to the bottom floor and remodel the upstairs unit. The on...
Jack I.
What are people doing rent increase wise in California...
They put in rent control recently state wide ( 5% + inflation ) .Then COVID hit. Then you can not evict until at least August. It would appear mean to increase rents during the covid attack on existing tenants. What a...