Greetings Everyone,First I would like to say thank you to everyone and all the knowledge that has been posted here, this site has been a great tool to use. My wife and I are closing on a triplex that was owner occupie...

Hello everyone, I have this problem I am trying to solve for my parents. They own a local private motel in the state of Kansas and it is not doing good at all. My dad is having trouble with payments. There are no buye...

I found a property listed on the MLS. its a 14-unit property with mostly 1bd/1ba and a few 2/1 and a studio. It was listed at 500k and just dropped to 400k yesterday (after 3mo on market) leading me to contact the rea...

I was hoping to get some input on a very freak accident. Four months after closing on a nicely renovated fourplex, a tenant parked their vehicle next to the rear steps on a day with 65 mph winds and a divider made of ...

Hi BP,

I'm preparing my taxes and am trying to determine the value of depreciation that I can write-off on my taxes. Where do I find the cost basis (value of structure) for my rental property? Is it on the county web...

Hello all!I hope this post finds you well. My name is Tianna and I have recently moved to Georgia this past year. I am in a financial position that I never want to be in ever again. I have always had a desire to le...

Some of you might have seen my other posting regarding a LLC with a relative of mine.

She will purchase a house in cash for $35,000 and lease it back to me at $235 per month. The current tenant is paying $800 per mo...

I'm a tenant of a 3 unit property that my parents own. I help manage the property. This is in Los Angeles CA.
One of the tenants is a woman on section 8 that was living there when my parents bought the property.
He...

Hello All,

I have a question regarding items left behind at the rental. I will provide a timeline of events to try to make it easier.
9/27 notice provided to tenant and sec8 housing of non-renewal of lease (60 day...

I see that people are sending out multiple letters a month, and I want to know how do you know what property you are discussing when a seller responds? I know that I can ask and they would tell me, but I'm not sure I ...