I’ve been reading “Landlording on AutoPilot”and given that I am an injured Vet(wheelchair bound) , learning I can handle everything pertaining to the business with my technology is amazing…. My questions are; Is ther...
Just heard back from my tax accountant and I was expecting some good news that we were getting a positive return from owning 6 different rental properties (bought 2 in 2019) but instead he tells me that we're just bre...
Hello BP Community!
Strange request - I finished drafting a Lease Agreement (See Attached below) to rent out vacant rooms in my house and seek input on it. I'd appreciate feedback and questions for clarification. T...
My partner and I formed an LLC in 2015 and purchased a rental home. This is our only investment property and the sole reason for the LLC. In 2015 we did not issue a K1 and there was no return filed for the LLC. We fil...
I’m curious if my rental lease doesn’t pertain a clause stating it’s the tenant responsibility to maintain lawn care, would it be reasonable to deduct from security deposit if such lawn has overgrown significantly.
I...
The Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers put out by the CSBS could put all small lenders who are financing purchases of manufactured homes out of business in states that adapt these...
Hello, BP. I'd spoken with a gentleman from a hedge fund company. The company has inventory that it's willing to sell, but in order to secure the properties, they'd have to be purchased via a quit claim deed. Has ...
We could use some advice based on Florida statutes.
We have tenants who’ve increasingly proven to be a pain. We’ve been patient and kind, gave them a break or two going in and along the way, but it became increasingl...
hello BP!im in process of compiling "house rules" book and looking for suggestions - what do you include in yours?some of the items i want to put in:- reminder of life expectancy for certain items - carpet, appliances...
BP community,
I am not discouraged but also find myself probably in the same situation as many who are starting out and seeking advice to get some traction.
I don't have enough cash (yet) to make cash offers, so I k...