Adam Azam
how do to tell tenants their application has been denied?
Just wondering. I have a current vacancy and the last few people that's called about it were 2 convicted sex offenders and 1 known druggie that has limited income and a troubling criminal history. I'm struggling with ...
Tony Cimino
What advice do you have for a newbie other than “be patient”?
My wife and I are in the process of acquiring our first single family rental. We selected an agent that has his own rentals so he understands our mind set. He also understands the rental and sales markets, and is ev...
Account Closed
Frisco - Landlord - Cash for Keys or Eviction
Hi everyone
My wife and I are in a little bit of a pickle. We have a Tenant that is in violation of their lease because they have an additional pet on property.
We inherited the tenants from the purchase of the rent...
Jack B.
How to visit tenants for inspection without notice?
Can't find unauthorized tenants, pets, drug labs, etc. when I have to give 48 hours notice.
Jean B.
General liability & umbrella
Hi,I am trying to figure out what coverage i need for my assets. I own several rental properties under an LLC. I have a $2M General Liability policy to cover the properties/business. Should i also have a personal umbr...
Josh C.
When to form your entitiy?
I am just curious to see what experienced real estate investors do in terms of the timing to form their entity? For example, do most people form their entity prior to their first deal and pay the fees associated with...
Holly Gauper
Short Sales turned Foreclosure and then taken off the market
My husband and I found the perfect house and put an offer on it about a month ago. It's a short sale and we offered pretty much what they were asking for it and then started the waiting game.
I got a call a f...
Charlie McKenzie
The other side of Foreclosure
I have a friend who sold a property and now has to foreclose. This is a commercial property in Oakland, CA. Does anyone have an idea of what it would cost to have an attorney foreclose on the property? My friend is...
James Bartlett
FHA loan but not actually living there?
I’m looking to purchase one of the properties I manage. It’s a four unit apartment building. I own two homes, my primary residence and an investment property. So I don’t actually need to live here and wouldn’t want to...
Ben Skove
S-Corporation Compensation vs. Flow-Through Income
After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...