Do you charge a rental application fee? If yes, then:1. How do you determine the $$ fee? ... is it per family, per adult, other?2. What do you include with the fee? (e.g. background check, credit report, etc.)3. How ...
Property insurance seems to always be one of my biggest expenses. Most of my properties are replacement cost. The agent says the cost to rebuild is this number. Which is so much higher then I would ever be able to sel...
Here we go! First month's rent rent up front. Second month's rent paid on time. Third month an email to say it would be late. Paid four days late but they didn't pay the late fees. Fourth month was due yesterday. Not ...
Hi Everyone,On my last three tax returns my CPA surprised me by prorating several of my HUGE expenses, citing that they were improvements so the full amount can't be claimed on one year's return. (he diviede them over...
Hello BP Community: I have a question about a 12-plex apartment complex that I’m interested in - The sellers are an older couple who are looking to get out of the rental business after 40 years. In total there are 12 ...
Looking to hear some best practices on dealing with guests who want refunds even with a signed policy stating a certain refund % amount within a period of time prior to arrival. All guest will indicate some sort of em...
What things are you searching for in MLS to find a property? Obviously searching a specific area, and price, but what other key factors do you have in a search criteria?
Did first flip in 2010, then switched areas to focus on a lower income county in the DC Metro area and did 3 flips in 2011.
Stayed in same area, got credit line with local bank, and did 8 flips in 2012. In O...
On one of my rentals, previous tenant left balance on the water bill. Now that I have new tenant, the city said the bill would have to be in my name. Because of the balance the old tenant left, their policy would...