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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...
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I have a tenant that pays on time and keeps place clean.
I also offer him a desirable place to live that is being taken care of.
To me nice tenant is not the one who expects me to subsidize their rent.
I provide a...
HI guys.....I have a somewhat complicated tenant issue....any ideas on what to do? I had a new tenant give me deposit. She wanted to move in September 15th, so she also paid me for half of September and signed a one...
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Howdy all, I'm thinking about purchasing another rental, but this would be in very very very blue collar area. Crime is not bad by any means. My other properties are in an area that require a somewhat higher income in...
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Hello BP, I got a long a brutal history on my first property with lots of learning mistakes. I’ll try to keep this as short as I can but also paint the exact picture that I am in and desperately need some advice. So b...
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I am looking to aquire small multi-family properties (8 to 32 units) in the Houston metro area. I am on the stage of building a team. Does anyone know of a good attorney and accountant in the Houston area with experie...
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Hi BP Gurus / Seniors,
I am new to the REI and placed an offer for my first multi-unit property.
Here are the details.
Area: Near by Shabbona Park, Dunning
Number of Units: Legal 3
Built: 1950
Price: $455,000 ($...
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As first time STR investors, my wife and I are trying hard to nail down our CCCs before reaching out to a real estate agent in our preferred market. I'm willing to be flexible if needed, but I'd like to be as clear as...
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I've been researching for the past couple years about real estate investing and I'm intrigued with the "Buying and Holding", "Subject To" and "Zero Down" deals. Out of ALL the methods community, which one would you su...
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Hi, I rented the rooms out in my basement this past year and collected $16,200 in income. How can I best handle this income, come tax time? It's obviously a good chunk of money that will be added to my income but have...