I’m an 18-year-old aspiring investor with a goal to build wealth in real estate. I’ve decided to start with rental arbitrage, given my tight budget. I’m focused on tourist-friendly areas (Bay Area, North Tahoe and pri...
Hello BP, I am a novice investor and was intrigued by the idea of becoming a landlord. I see that you could make good money in this particular field but I had one obstacle that I simply don't understand. For example l...
We have an older home (1944) in the Los Angeles area that’s been updated and is generally in good shape, but the gas heater is as old as the house and of a type that cannot be installed any longer (although there’s no...
Just had new tenants move in. We fixed it up and painted it. Sweeped and mopped the floors. Cleaned the floors and fixed everything that needed fixing.The tenant comes in to sign the paperwork and loves it. Within a w...
I've purchased three rental properties since 2018. I've been very fortunate that all three still have the original renters. Two of the renters have been great, but I have constant problems with one. I get complaints ...
hello all . i think this is a tax question . i can do 99% of all my own repairs but my labor is not deductible on taxes . so i want to hire out for repairs up to the point were it starts costing me income. does anyon...
My wife and I and considering purchasing a town home right behind us and looking for advice. The current situation: We've lived in these units since New in 2001. The unit behind us was owned by an eldery lady that pas...
Over the years of landlording and owning property in a college town, I have noticed that my Special Stipulations section in my leases have taken on some strange phrases and warnings to new tenants. It seems that e...
Hi - please help us with some advice.
We are purchasing our first income property and it is a duplex in a D neighborhood - low income neighborhood but the duplexes all rent well.
It's less than 2,000 sqft total and ha...
So I bought a triplex recently, fully rented. I stopped today to check on the property and coordinate a utility inspection with one of the tenants. Looked in the window, unit is empty. Electric has been turned off. Te...