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Hi all,It is a true pleasure to finally have my first post on BP. I have been going back and forth and hesitating on when putting up my first post but as written in The Ultimate Beginners Guide "I never worry about a...
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In November of 2014 we had the wife of a husband-wife tenant pair inform our property manager she would be moving out. She included a letter signed by her husband stating he assumed all liability for the property. The...
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I have somewhat of a tricky situation that I have never been in before and given the moratorium I am not sure how to proceed. I am located in Asheville, NC and have a rental property with two roommates that are on a m...
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Just throwing this out there to get some advice/ideas. Here's the situation:
Have a rental property that we priced "somewhat" high. Due to this price, we didn't get many applications. The one application we g...
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Hello,
What is the difference between the two or are they treated the same by the IRS? I keep getting different answers and I just wondering if someone could clarify.
Thanks,
Lauren :lol:
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My girlfriend and I are quitting our 9-5's to fully jump into real estate investing, but we have a few questions around funding that I'm looking for input on. We will be consulting a RE lawyer at some point, but I'm h...
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I've posted a few articles below which outline the new and most restrictive ("progressive") rental laws in the country, which limit the size of security deposits, non-refundable deposits, and requires giving tenants a...
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Hello, I just got my NJ license and have been working the withdrawn / expired lists. I'm talking to an owner who's house just expired and she's telling me she's moving out in two weeks because the bank wouldn't accept...
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I have been reading a bit about this , picked up a book by Lonnie that I need to read, however my big question for the group is if living in the Sacramento area makes this type of investing difficult due to the pri...
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Hello everyone,Just thinking about a hypothetical situation where the tenant pays the rent after the due date but refuses to pay the additional late fee. How would you go about getting this money from them, or would y...