I closed on the sale of my rental property recently. Today I received communication from my agent stating that the buyers lawyer had reached out stating they had forgotten to account for prorated rent and security de...
Waiting to get started on my ADU on 1/1/20 to get away from developer impact fees ($5k) but will have to solar power the ADU. I was advised that garage conversion ADU's are considered as new construction for purpose o...
All,I just recently purchased a triplex that I am house hacking (1/1, 2/1, 2/1 w den). The units are all under one water meter and 2 electric meter (the largest unit is stand alone) and the owner was previously cover...
So my wife are close to closing on our first investment property. Originally we were closing end of june when the property would be vacant. However, our lender just contacted us stating he thinks we should close earli...
Hello,
I wanted to know when do you make the decision to issue a 3 day pay or quit notice?
What are the factors that make you serve the notice. Is it a certain amount of days late, is it each month paying late or lat...
Fellow landlords, what would be your position on a tenant applicant that had a felony conviction (burglary) nearly 25 years ago? He has a wife and two young kids. Credit is not stellar (but I've seen worse), but the...
Hello,I received a call from the owner of a neighboring property. Recent heavy rains in the area caused a landslide. My property is uphill from the other owners property. He is currently asking for my help to have an ...
Hi All! What an awesome community!
I have been reading and listening to podcasts for a few weeks now and thought I would introduce myself.
About me: I am a husband, father of 2 (2.5 year-old boy, 5 mont...
Hello BP community, I'm new to the site and this is my 1st post.My wife and I bought our 1st house this past summer using all cash in Portland, Oregon for 360k. We have been self-employed for 5 years exporting America...
If I flip a property can I put of paying capital gains by doing a 1031 exchange and buying a new property to flip within 45 days? Secondly, if I do this for two years will I be taxed at the long term capital gains rat...