Before the 2007–2008 mortgage meltdown, getting a conventional loan was much easier. If you could prove you had income on your tax returns whatever the source (1099, temporary positions or non full status employee pos...

What is the standard approach when renting to an unmarried vs married couple? My thought was that if it's an unmarried couple, they must individually qualify to be a tenant or else their name cannot go on the lease as...

Hi-- Well, after a seven-month slog through my first duplex renovation, I'll be putting it up for sale (in the Tampa, FL area). It's turned out beautiful. Fortunately, the market is strong here for duplexes and so, gi...

I was just told by my real estate agent that property management firms charge 25% of gross income!? I thought they usually charge between 5% and 15% depending on the services (with the 15% covering just about everythi...

I bought a flip for 60k i sold it for 95k 5 months later the rehab and holding costs were 9k, where do i show the profit? on a schedule D? thanks, also My friend and I bought a property together, we rent it out, do we...

Tenant is relocating from another state.
Has good enough rental history, but has a[b]large bunny.
I have never met this tenant, as they are moving out of state. [/b]

Tenant's new employer requires a one year lease...

Hi all,I'm a flipper and the houses I flip usually takes $50k-60k to fix. In my contracts, I always withhold 10% until the house is sold and final home inspection has passed. It usually cost 1k-5k to fix issues that a...

Someone brought some language used by lenders to my attention. I hadn't noticed it before, but now that I look back, I see it in a couple of my approvals. I know a lot of investors use the Trust Method of flipping, de...

Hey BP community,    Do you own anywhere from 1-10 SFH, duplex, triplex, quads or other properties that you manage yourself?  If you were gifted an elf that could tackle only one job, what would you have the elf do to...

So, it came time to remodel my downstairs apartment how to get this done quickly so I ended up using a contractor to replace my tub & walls. It's not a full "rebath" as the old tub was removed and they used "acryl...