Hello Everyone:At this point, I am a prospective investor who is looking to get into multifamily real estate. In short, I'm in the research phase of my development and in doing so, I've encountered several strategies ...
I need help thinking outside of the box on this issue. A 3 day notice to pay was served on a tenant, clearly indicating to pay by cash or cashier's check. The tenant usually makes their rent payment by bringing a che...
Hi BP,
I need a little guidance. I have my tenants mail their rent to a PO box. My rule is that as long as it is post marked by the 5th it isn't charged a late fee. I have a tenant who has lived in one of my unit...
We are hiring the eviction firm to do eviction filing for us, this tenant hasn't paid us for March rent. And he challenge us to go to court, and we haven't heard the court date yet from the service firm. They said the...
I'm thinking about selling a property I currently own to my adult stepchild (would trust with my life). I am planning to quitdeed claim the property to the stepchild (gift the stepchild closing costs needed to buy it...
I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
I would love to hear from the BP community what they believe are best practices of being a landlord? We are in the process of updating our documentation and procedures, and I want to make sure we are not missing anyth...
I approved my applicant that has a dog. Her credit was awesome. All prior landlords spoke highly of her. Her employer's HR dept verified everything I needed. I was getting pumped up about leasing my first property! Th...
Hello all,They say the definition of insanity is expecting different results by doing the same thing. I am not happy with the results I am getting from my current method, so I'm looking for some ideas. Here's my cur...
A question came to my mind.
If I get 30yr fixed mortagage for an investment property (rental), and in this very turbulent economy, say for example the bank is going through tough times, is it possible (in theory at l...