Hey everyone! I'm a first time home buyer and I am looking at a 2 unit house that I would like to house hack. However it is a foreclosure and needs rehabbed so I'm attempting to take the FHA 203 K route. However I don...

Good afternoon,
I have been buying my first property for the pat 2 months: a triplex. I'm using a 203k loan, which just came back from underwriting--with conditions. I need 3 months of mortgage reserves, which can't ...

Hello,We are new here and happy to be part of the community! My husband's parents (55+) are moving to another city (Temecula, CA) and are selling their home in Riverside, CA, valued at $915K. We love this house and wa...

I have a 7 unit property and wanted to get gift cards for my tenants for the restaurant across the street (don't worry, I would say "Happy Holidays" in the card).  Anyone see an issue with this?  Also, I am currently ...

Hi BP community,Does gifting money reduce your taxable income? I know the limit is $15,000 for tax free gift, but does it reduce the gifter's income for that year? Say you make $90,000 and you want to find someway to ...

Greetings, Fellow Landlords
Since Holiday time is around the corner, I am looking for recommendations about what do you do for your tenants if you do anything? We normally, before covid, had different goodies deliver...

So at closing I always like to bring my partners a gift and personalize it in some way. I started up a new tradition with my partner on this deal with a "golden hammer" with the property address on it. Each flip, we a...

I stole this one from my neighbor who has 7 sfhs as rentals. He includes in his leases a clause that says with 2 weeks notice he can enter property to assess for condition and damage. If all is well in unit, he leaves...

As a general rule I strive to be a landlord who handles his responsibilities under the lease in a professional and prompt manner. Similarly the tenant has their responsibilities and I just want them handled professio...

Hey guys, I have great tenants across the board this year. I'd like to get them all something for Christmas.What are some good (somewhat universal) presents that are maybe $100-200?