Ivan M.
The Basics.....
Long story short..I have one rental (been renting it out for past 10 months) and it is fully paid for and I want to be legitimate with taxes, deductions, etc. I want to keep things as simple as possible, so I guess...
Mary Joe
Landlord liability - gas leak, appliances, balcony, windows..
A lot of focus on this board is about eviction nightmare but it is nothing compared to being involved in a gas explosion lawsuit that causes your tenant severe injuries or even death. There is no umbrella insurance p...
Ellie Narie
How do you "define" primary residence for FHA purposes?
Could you live in an FHA property for 6 months and 1 day and still have it count as your primary residence? As in, spend 6 months and 1 day sleeping at the property, and the other time of the year not sleeping there, ...
Paul Sandhu
What's the most exciting experience with your STR or VR this year
I drive by one of my STR's on my way to work every morning. I can see the back yard and the back porch. I leave the porch light on. Wednesday morning the porch light was off. My wife noticed it too. She went in t...
Bryan Hancock
Musings On Investing - Post 1
I'm starting a blog series and thought I would put this out for commentary before I publish it more formally. Thoughts/feedback are appreciated. “Of all tyrannies, a tyranny sincerely exercised for the good of its v...
Michael Kline
Discrimination claims - baseless? or should I be losing sleep?
Hello all,I'd appreciate some input. Tonight a tenant applicant accused me of discrimination. There was a miscommunication - I thought he was not interested in the apartment (because when I showed it to him several da...
Nathan Wandell
Nashville Newbie
Hello everyone,I live south of Nashville, TN and I stumbled across BP a few months ago when I began listening to the podcasts on the way to and from work. My wife and I are new realtors. She is working real estate ful...
Brianne H.
Who's had success (or not) doing rent-to-own?
Has anyone had success with doing a rent-to-own? Or had an unsuccessful experience? How long of a term did you do? How much did they put down? How much additional rent were they paying toward the deposit? The local ma...
Efren Barriga
Should I use an LLC or Umbrella Insurance?
Hey guys, My name is Efren and I am a beginner to the landlord business. I have a property about 1,700+sqft, was not using about 250+sqft. I turned the 250+sqft into a studio. Studio is equipped with a brand new bathr...
Bryan C.
Second Deal Thoughts
My first REAL post, be nice and thanks in advance for any opinions!I currently have a 3/2 that I own outright and rent for $1700 per month. Taxes are $4k per year and Insurance/hoa/maintenance is at around $1100 per ...