Amber Dyer
Tenants did property damage in a short period of time and lied on rental application
I rented to a couple on 11/1. When I first met them they said they were renting a room and were looking for more space.
They later admitted they were illegally subletting a room, the guy that they were subletting to...
Luke Terry
Best real estate apps
Hey folks,
I just downloaded the BP app for while I’m on the go.
What other real estate investment apps do you get the most use out of and why?
Justin C.
How do you secure your shared basements? Multi-family investing
Hi all, I purchased a 2 unit that has a shared basement arrangement for utility/storage purposes. There is a wall down the middle ending at a "common" room in the rear where both electric meters are. There are simpl...
Varun Parkash
CPA tax filing mistake creating issue with underwriter - HELP !
Sorry for such a long post but details are criticalNeed some guidance regarding my friends situation. He will loose his deposit and all loan fee paid if he did not get this loan approved = 2K (loan fee non-refundable ...
Rob C.
Och-Ziff hedge fund looks to exit landlord business
All the talk lately is about hedge funds entering the market. Interesting to hear that one of the first to enter is now looking to get out:
http://www.reuters.com/article/2012/10/17/us-foreclosed-hedgefunds-idUSBRE8...
Jamarr Lee
How to enter abandoned houses with caution?
I have a motivated seller who wants to sell his property. But the property is abandoned and he told me I can get in the house, because the door is open. He also told me that it has been a homeless guy he was letting s...
Elizabeth D.
What is considered 'reasonable notice' to show house with tenant?
Hello all - My current tenant will be moving out in September so I've listed the house for rent. The tenant either is unresponsive to showing requests or says they need more time when we do. Our lease says:'Landlord ...
Piper D.
landlord property entry
As a landlord myself (albeit not of many properties and none of them STR) I am curious what you would all do to handle this situation if you or a loved one were in it:My sister is a traveling surgical tech on a contra...
Curt Smith
My PM send a 1099 for rent, yet I claim this on Sched E
Currious what the accountants say to do for what amounts to double income. My property manager is obligated to 1099 me for the rent he collected and passed through. How do I account for this double income since in S...
Jon A.
First eviction in NC
Hello BP community and thanks in advance for any responses. I have been a landlord for 10 years here in Asheville , NC and have just gone through my first summary ejectment. The tenant did not show up for court and I ...