I've noticed something of a disturbing trend on this forum. There really seem to be many people who earnestly believe that the language of their lease is always and forever controlling. "Just do ___x____, it's in th...
I'm looking into a sheriff's auction for a property where the owner is still an occupant. I'd be purchasing this with the intent for it to be my primary residence, at some point, not a fix & flip. I stopped by t...
We're evaluating loaning out some of our funds for investors seeking only wet funding/transactional:
For those of you with experience loaning out your own funds for short term transactional funding, if you we...
I am contemplating doing my first 1031 exchange with a rental I have owned for the last 8 years. The cost basis will only be ~$35k so the taxes would be around $7000 (live in NC). While the tax benefits might not be ...
My husband and I are currently under contract on two properties. The first will be our primary residence. The loan is currently in process, appraisal is done but not back yet and I was told it should be headed to unde...
I am wondering what will happen to a condo in MN that is owned free and clear except for an association lien. The lien is for $6000 and went to sheriff sale and bid at $41,000. The owner wants to pay off the lien befo...
Hi BP!
Wanting to know if you, as a landlord, have ever taken the "possible tenants" life circumstances into consideration?
If they have a low credit score, but have had past rents paid?
Thank you!
HI!!! Need HELP!!My tenant turned my rental house located in Inland Empire, CA to a Marijuana Grow House. We found out about this few months ago after the tenants stopped paying the rent. We went through abandonment p...
Hi all -I'm quickly getting more comfortable with quickbooks but as I get better I want to continue to learn more. Currently I'm entering my mortgage payments into three accounts: principal, interest, and escrow. I'...
The past two months have been wicked crazy.
I own a 3 bedroom 2 bath house that I turned into a four bedroom student rental making $314 in cashflow. I rented 3 rooms out while I lived in one for the past two years an...