Joe Coyne
1031 Exchange + Personal Residence Exemption in One Duplex
Here's one for the community:I currently occupy one unit of my duplex, while renting out the other. I'm considering selling the duplex while it's still 50% personal residence. I'm looking at a total gain on the prop...
Bernard Sims
Added a New Bedroom Now what?
This summer while I was between tenants, I decided to change the game room into a full bedroom. So now the house is a 4 bedroom, 2.5 bath 2 story home. Now that I've updated the house, do I need to alert any of the ...
Adam Allard
How liable are landlords when it comes to ADA accommodations?
A purely theoretical question, as I’m still in my learning phase of becoming a real estate investor. But I’m reading through a lot of books and keep coming across the Americans with Disabilities Act, and how a tenant ...
Vince Gethings
Developing a Vision and Mission Statement for my LLC
Good evening BP,I am trying to develop vision and mission statements for my business to express to my teams and potential partners where I am taking my business, why we are go there, and how we are going to get there....
Daniel Flesher
Poor Site Navigation for Local Sub-Forums
BP has never had particularly good forum navigation, but whatever redesign just happened has made it worse. Example: I used to go to "Community" > Then "Local Real Estate Forums". From there I would hit "Ctrl+F" to...
Sean Bramble
Seller leaseback vs. extending escrow period
Hey BP! I'm in escrow on a property and the seller has asked to stay for an additional 2 weeks before moving out. What are the pros and cons of doing a leaseback to the seller vs. just extending the escrow period?Also...
Brenda Soto
Evict - 3 Day or 30 Day notice
Hello - for Dallas County is a pay or quit/eviction notice a 3 day or 30 day notice before I can legally file for eviction ? this is my lease below.thank you!
Austin Suddreth
Primary home into rental
Hello everyone!I’m looking for some insight into my current situation. I purchased a primary residence in early 2019 slightly under market value due to it being outdated. Currently, I have updated the home with new LV...
Lyn B.
Quarterly / Semi Annual Inspections
We would like to include language in our lease that allows us to schedule quarterly/ semiannual inspections. Would be appreciative hearing how you approach this. Also, How much lead time do you give them?
Matt Rutter
Insurance for a Condo
Hey all,We have a vacation condo that we are planning to rent out 75% of the time. We haven't had to insure a condo before, and it's a bit confusing. We were initially quoted property dwelling coverage of $60k for a 1...