I'm trying to update my lease for a 5 unit in Colorado. I'm currently allowing tenants to use their own lawnchairs in common areas. I've never had any issues with this but a thought occurred today. What if another ten...
I have bought a property with several municipal liens. These liens are a result for non payment of services and code violations. What happens is the liens were recorded by the County against the previous owner of the ...
I have an older client who is about to purchase some rental property in California (a duplex) with another co-owner, and would like to leave her share of the interest in the property (50%) to her 4 year old granddaugh...
After you drive for dollars and have a list of dilapidated/vacant properties, what website or source do you use to find owners' addresses (preferably at a low cost or free)? Thanks in advance!
Hello BiggerPockets. My name is Garrett and I am excited to finally be a member of this wonderfull site. I have already learned alot just by reading the posts. I am 20 years old and attend the University of Illinois ...
I lease out a place occupied by an unmarried couple and a young child belonging to one of them. The lease expires in couple months. They are not getting along and one has told me they plan to leave the relationship....
I've been focusing on fourplexes as a first investment to spread vacancy risk but the inventory in my driving area is pretty low. I'd like to at least get something in escrow before the Spring. Would you recommend exp...
My grandparents died back in 2012, a few years before that they refinanced their home (brought originally in 1982) into a 28% refinancing loan. When my grandparents died in 2012, they owed $40k on the loan. Today, the...
I am looking at purchasing a house that my realtor says is part of an estate. I generally know what that means but I don't know if there are any potential cons with this situation. The property is off a "main road" ...
I will try to involve the Property Management for my friends, and want to know:
1. the Property management income belong to passive income or active income?
2. if the property management income belong to active income...