Michael Zagorsky
Cost Basis and Losses for converting rental to personal residence
We had a tenant leave our rental property in May of this year. We received about $5,000 in gross rent. The tenant trashed the property and we had to spend about $8,000 on repairs. Including new paint ($4,400) an...
Mike Arya
Need advice please : Neighbor claiming Renter's Dog bit them.
I'm a landlord for a Davenport property, and I've been served a complaint for an injury claim by a neighbor who claims that a dog owned by my property's renter bit and injured her back in April 2022. The defendant's ...
Kaustubh Johri
Looking to get some home insurance quotes
I am starting to rehab a house in the coming weeks. Looking to connect with insurance agents and get some quotes. Open to a multi-property quote as well (2 other homes that are rentals currently).
Azmat Hossain
Rental lease agreement
I have a rental agreement between husband and wife I got a call from the wife stating they want the husband to be out of the lease because they are getting separated all the marital issues. How would you handle this s...
Alejandro Obando
Closed on my first house hack…and this happened …
As a standard protocol before closing we had done our walk-through on a three family house hack in northern NJ. The 3rd floor unit was cleared out and vacant. as per contract for me to move in. The day after closing ...
Eric Karabinos
Do I Need Specialized Subcontractors?
Hey BP Community,I'm looking at doing my second project early this year. I completed a rehab to rental last year and used a GC. This time I'm considering hiring subs myself. I'm looking for advice from other investors...
Sam Faas
How do you handle a crimnal conviction that is traffic?
I have a good candidate for a rental who has a traffic convition for not carrying insurance and driving without registration. How would you handle this? Ask them further questions about it? Deny? Accept?Thanks!
Marco Padilla
What to do when your rental property has a fire and we are out of the country?
Hello everyone,
I am the owner of a rental property and currently
out of the country. Unfortunately, I received the devastating news that
my property has caught on fire. As I am unable to physically be present ...
Wenping Zhu
A formal appraisal review board hearing
Hi, I got a email saying that I was scheduled for a formal appraisal board hearing for my house. It did not say how this hearing will be held, where? It does state the date and time. Anyone has this information? thank...
Mike Migliaccio
Taking on investors
I started a small real estate investment group and am buying multi family apartment buildings. As we continue to learn and grow, we have been developing relationships with others that would like to invest with us. I a...