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I've been doing a lot of searching and reading lately on the forums, and I have 2 concerns about the application/screening process.
1) I had never even thought to have an application fee. I've been asking around, and...
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Hello everyone, I recently had a potential tenant ask me about an emergency housing voucher and if I work with this program. She said it is due to a domestic violence issue. I am in South Dakota and I am not sure if t...
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We have a Section 8 tenant who's portion of the rent has bounced. She has gotten very defensive, and claims that she hasn't been notified by her bank. At this point, I'm trying to determine what the best course of act...
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Hello BP community, Here is my scenario: 1. I purchase a condo as a "second home" with a 10% downpayment2. live in it for 2 weeks out of the year (as stated by law where I live)3. Then rent it as a STR for the remaind...
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I recently had a phone conversation with a Real Estate Agent and, he was explaining to me how wholesaling is illegal in the state of Arkansas and that I can be fined or go to jail if I receive any money off wholesalin...
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Hi. We have a few investment homes in Roanoke, VA for long-term rentals. When screening potential tenants, I've learned that the Zillow application doesn't show much, if anything, and the TransUnion SmartMove isn't pr...
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By searching/reading in BP, I have learned that after the barment period expires, the "clouded title" can be cleared by quiet title action. I believe someone also mentioned about "wait 4 years", but there is very lit...
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Hey guys,I am in the process of negotiating a deal for a completely renovated duplex (e.g. major structural changes, some add-on bedrooms, copper plumbing, tankless water heaters, etc.) in LA and the seller is adamant...
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Hi BP
Today I attended my first real sheriff sale.
It was in a courthouse on Pittsburgh.
The volume was overwhelming, 3 hrs long!
It was a great experience,
I did limited due diligence enough to figure out what's g...
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My tenants always pay a couple of days late every month.
In my lease, there is no grace period and a fee of $70/day late.
I haven't charge them anything.
When they leave the property, can I deduct this late fee for...