Matt George
Are big operators buying Apartments just for depreciation?
The market is frothy and cap rates have compressed. I am looking at the prices that large multifamily owners are paying and it makes me scratch my head a little bit. Buying at a five or six cap without much room for a...
Fabiola F.
My CPA & I are in a debate about how to categorize reno expenses
This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...
Vish Rav
Seller not approving to disburse earnest money
Hi BP,Wanted to get some feedback on this forum. I was in active negotiation with a Seller for a duplex property in Portland, OR. The Seller misrepresented the operating expenses for the duplex during the course of th...
Ian Livaich
Setting up LLCs Before Getting Started -- Operating AND holding?
Hello everyone,I am searching for my first buy & hold investment. I am starting to think that it is in my best interest to set up an LLC to protect my assets and insulate a property from some degree of liability....
Jie Robbins
Harassment from the President of the Condo Association
We just bought a condo for rent a few months ago and has been constantly harassed by the president of the condo association. We received three fines, one of which was not even notified. We found out the third fine on ...
Burt L.
How to Cancel Lease Before Tenants Occupy - True Colors Shown
Appeal to BP Nation- I have erred in accepting tenants and seek to cancel a lease before the tenants occupy. I went through my usual screening process which has treated me well for decades and it looks like I missed s...
Cheryl R.
Landlording question about attitude
Is it possible to be a landlord without being "rude" or worse? I rent houses that are between 1100 and 1400 sq ft and I tend to rent them in what some would call "B" neighborhoods. They aren't the worst around, but...
S Manns
Series LLC
Has anyone heard of an series LLC? If so can anyone briefly point out the advatages/disadvantages if any? Thanks!
Julie Clark
Tenant has not responded and sister is living in the house
Hello,
Looking for help for my current situation.
I have a single tenant, male, who has already needed the lease changed due to his girlfriend leaving. I was hesitant to allow him to stay but based on my lease term...
David Cole
What Could Go Wrong?
I am an aspiring real estate investor creating a real estate investment plan to aid me in my journey to success. I've decided to start things off with a simple question: What could go wrong?I have wracked my brain com...