I just had a Phoenix tenant report that she has bed bugs. She said she has thrown 3 beds away trying to get rid of them. I suggested that they probably followed her from the apartment complex that she came from and na...
My accountant is worried about my home being sold some day, and the rule about 2 out of the last 5 years rule?
I'm looking for some help with the IRS rule 262 Or Publication 523.
I've owned my principal residence ...
My tennant moved in, at the time our place was flea free. After a bit more than a month, she told me she has all these bites on her legs (July 25th). I suggested she can use our organic bug spray around her room to se...
So I totally understand how to add value to a rundown property by doing the work myself -- it's good old-fashioned sweat equity (more properly termed "trading time for money.")What I don't understand is how it works t...
My wife and I run our real estate business together. We own a couple of properties. We make good money as is. We are looking for our next property. She is very reserved and low risk. Therefore she is anti section 8 an...
Ok, hypothetical, but will become realistic I am 22 and I make 140k a year. I live off of 36k and want to invest the rest into real estate. The goal is to create an investing business where all profits can be retaine...
I just finished reading Buy and Rent Forclosures byJoseph Neilson.
Mr Neilson advocates stripping houses of central air, garbage disposals and many other amenities in order to eliminate maintenance costs.
...
I have seen some comments here where landlords put in the leases that the tenants are responsible for pest control. That being said I did come across an article saying in NJ the law states landlords are responsible fo...
Question: I wanted some feed back on how you landlords handle pest control. One of my renters has complained about big cockroaches and, now, mice. I paid to have the house treated for roaches about a month ago, and th...
Hi BP Members,I just got my first property under contract! I am excited about this , but concerned at the same time. I've also lost my sleep over this for past 2 days.Here's why.As soon as I presented the contract to ...