Hello All, I am currently looking for a tenant to fill my first rental property. A little background; The property is located in a less-than desirable part of town, but the house is nice & clean.
I have one guy w...
We are getting close to listing our first rental and I wanted to get some feedback on the process steps below. Please let me know if I have anything out of order, or something totally missing. Thanks!1. We will be pos...
The property is in Eastern NC. Summers are hot winters are mild. I installed a ductless minisplits HVAC system in my house and I CANNOT get my electric bill over $150 year round. We keep it very comfortable. Peopl...
I just purchased my first rental property. I'm a licensed agent so I definitely plan on listing the property for residential lease on the MLS, but what else should I be thinking about? I plan to manage the property on...
For some reason, the $4k in HOA fees I write off every year are not on the 2021 return, as I'm reviewing them and doing 2022. It appears to signify $800 additional taxes out of my pocket for 2021. So which is a bigger...
Hello BP community,
I am an experienced real estate investor from Israel and I am excited to venture into the Detroit market. I am planning to invest around $100,000 into my first Buy & Hold house within the next...
Hi all!We have been new landlords for the past two years so we have not encounter this situation where the tenant leaves early before their lease ends. My tenant is leaving early July 15th and their lease doesn't end ...
I'm new to the world of landlording and would appreciate some help.I'm purchasing a duplex in Salt Lake City, UT. The duplex is currently occupied and tenants in one unit have been given 30-day notice to vacate. I wil...
I enjoyed reading everyone's posts about professional PM versus self-management. I'm specifically wondering the following about "A Properties" ie those new/newer properties in good areas with good tenants, but not...
Looking for a "sanity check" from the expert community.
Wife and I purchased a home in 2005 for $360k with one of those wonderful 80/20 interest only heloc deals and I am paying about $1300 per month (3.25%) plus tax...