Hey all fellow landlords "in the trenches" with me in the Detroit area:In the five years my tenant has been at my rental property, most of the time he has been $300-$600 behind in the water bill. It's his responsibil...
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Is a minimum 650 credit score too much to ask for a rental? The property is renting for $1050 in a working class neighborhood.
Hello,As a first time investor I'm looking for a turnkey rental in Spokane, WA that is pretty solid and in good condition so that I can get cash flow going ASAP. Because of my situation I'm looking to invest in cash a...
Hey BP,I own a few small multifamilies and am now up to 14 doors. At the moment, each unit has unique keys for the front and back doors. So, I have about 30 keys, not including keys to side doors, basements, etc. R...
I am purchasing a home in Wisconsin and offering it for rent. I have had a veteran ask me if I would be interested in offering this home as a Veterans home? It sounds interesting to me and would like to entertain this...
Hey everyone,I wanted to see what recommendations the BP community has when it comes to rehabbing a property in preparation for it to be rented. 1. What kind of material would you use that is ideal (low cost, durable...
I'm new to REI. Many of the podcasts and much advice says to get started and not to sit on the sidelines forever. I've made contact with a loan officer. I have very good credit and could get together a down payment an...
As the Landlord admits, he's partially to blame because he failed to conduct a background check. If he had, he probably would have learned these are habitual offenders. We used to call them thieves.https://www.wfsb.co...
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...