I bought a rehab with a construction loan. The rehab period lasted 2.5 months and ended 10-8. I refinanced to a 30 year on 10-31. When I bought the property, the Origination Fee and Closing costs were added to the ...

Hi fellow investors, I would like to get your advice on how to determine the basis (for both cost basis and depreciation purposes) for a rental property that has appreciated considerably (say from 400k to 500k) from t...

I’m stating to prepare my taxes for the 1st time on our rental that was converted mid-year 2017 from a primary residence. Feeling good about just about everything except three fuzzy items:1. Home was purchased in 2007...

Hello BP community,
I have a tenant who filed for Chap 13 bankruptcy after I filed for eviction. I am working with a lawyer and according to him it may take significantly more time to get the tenant out because of “a...

Hi BP.  I'm looking at a medical & legal office building for a commercial purchase.  A value add I can see is to have the tenants pay for the utilities which would be a great increase in income and almost creating...

This is a pretty strange situation, but I like to hear opinions.So, I had signed a lease from January 7, 2017 - January 31, 2018. While I truly wanted to move out earlier in the year, I opted against it specifically b...

I recently leased out a house to a very nice older couple. The lease start date was about 8 days away. The tenants old lease ends in 38 days. They were just being very proactive in finding a new home and allowing...

Hello friends, I am thinking of pulling equity from a paid-off rental and use the money as downpayment on another rental.  The rest of the money will also be from another loan.  In effect, it will be 100% financed by ...

I'm new here. I need to find out what needs to be done to sell my mother's house.

My dad died in 1984 without a will in Bell County Texas. The house was in both their names. 1/2 the house went to my mom and 1/2 to...

Hello BP! 1 of my contractor just his tools stolen at a job site. Looking for options besides ADT. Looks like simplisafe is a good option. Anyone used it and any feedback? If not, what kind of security system do you u...