Chris Herrera
Terminating a lease
I'm about to close on a property end of May and one of the tenants that I don't want to rent to has their year long lease end the last day of June. I think Illinois law states you need to give a tenant on a fixed leas...
Dillyn Davidson Saurdiff
Vacate tenants with first purchase
I offered on a property, it will be my first purchase if I close....the sellers won’t vacate tenants...I’m using an FHA loan so I need to (and want to) live in one side. I will have to vacate them as soon as I purchas...
Jack B.
Washington has completely disabled ability to manage your rentals
I've had these 3 19 year old room mates renting a house from me since February and it's been a disaster ever since. Holes in walls, carpet trashed, utilities unpaid, neighbors complaining. I've served them with a 10 d...
Steven Logue
Using a vacation home more than 10% of time (depreciation)
Hello,I recently purchased a rental property and for the first partial year we used it 20 days and it rented 20 days (purchased at the end of the season). Since we used it above the threshold to be considered an inve...
Mike G.
Lease Ends One Day After Closing
We are looking to purchase a property in which the sellers are requiring the sale to happen on or before December 30th. However, we just recently discovered that the lease for the tenants in place ends December 31st,...
Edward Dones
Having issues with my first floor tenant
Ok BP family finally got my first house that I will be house hacking in a few (hopefully) but I'm having a issue with the first floor tenant. I became the landlord on January 31st and on feb 1st my tenants in a 2 unit...
Dan Holden
The 90 Day Challenge
Brandon issued an involuntary challenge, "How to Buy a Rental Property in the Next 90 Days". I'm taking him up on his unspoken challenge. You know, the one he didn't know he issued. Starting tomorrow 03-17-14 I wil...
Christopher R.
Month to Month
Hi! I finally bought my first triplex. I have Bigger Pockets to thank for my REI education. Now, I'm in my property management education phase.It seems one of my tenants is always late with her payments. She does end ...
Alan Bosca
Tenant leaving - how to avoid being stuck with HOA fines
Hi -My tenant is leaving in a few weeks & my HOA has set a hearing to fine him for multiple violations. My concern is that they have been underhanded in the past, and have taken a long time to make decisions on t...
Mark Spidell
FHA Flip Rule
This FHA 90 day flip rule certainly causes confusion.I am getting conflicting info of which date to go by as far as the acquisition date to use for this time measurement. My deed is dated as of 6/10/16, which gets me...