Not sure how many of you have seen this, or comply but Minneapolis appears to have an outside firm monitoring compliance for short term rentals: http://www.startribune.com/minneapolis-mails-731-l...
Dealing with a property that has code violations resulting from the build of an illegal addition. To remedy the issue the addition will have to be removed as the lot is small and does not pass the set back allowances ...
A friend of mine bought an SFR in an "A" neighborhood somewhere in Los Angeles. He did some $100k rehab renovations, and somehow turned it into a four-plex, two units without permits. Here are the numbers:Gross Rental...
Hello BP community! First BP forum post and I could really use your help!I'm trying to evaluate a potential deal involving a 2.2 acre lot located in a flood plane in Harford County, Md. There is a SFH on the property ...
I am buying a partial on a note and we are finalizing the agreement does anyone know where I can get a contract that is already written for this transaction.
Last year I redid the stairs on my triplex. It was more than a small repair, so I am capitalizing it. My question is whether I can depreciate the whole thing or just 2/3 of the cost. The entrance to my unit is in the ...
As a starter, at what timing is good to hire a CPA ? on the first property? second or after several ?
Hi everyone! I am currently considering the possibility of investing in properties in strategic locations under $100k and listing them on section. I understand these would probably not be the ideal tenants. However, I...
Hello BP ExpertsI have never considered renting out to Section 8 Tenants but now am thinking to do so. Have few questions so pls help me understand it.1. I have been always doing the paperwork for my tenants till now ...
Hi first post here just looking for advice, I rent a multi family home 2 unit for about 15 years have been lucky to have both units rented for 10 years no issues, well until now. The tenants in back apartment were mar...