Jake Thompson
Entering premises with verbal permission
So I made a bad decision to rent to family. My sister in law has been renting from my wife and I. She lives in one unit of a duplex with roommates and we live next door in the other. We have been going into each other...
Harry Tran
Quit Claim and Lifetime Gift tax
If anyone can provide some info it would be kindly appreciated. My Uncle wants to quit claim one of his properties to me. The property has been paid off and he is basically gifting it to me. Would he be able to claim ...
Joe Doman
Referral fee from realtor?
Hello, new(ish) investor here,If I am working with a potential seller for a buy and hold property and cannot agree on a price, could I refer them to a real estate agent? If they close on the deal with the agent, could...
Linda McDavid
Advice needed - to sell or not
I own a short term rental in the low country coastal area of SC. I had purchased it in 2019 and started renting it out May of 2020. This a condo unit .5 miles from the beach. I paid cash for it and I am contemplating...
Mark Malevskis
Is it legal to do your own pest control?
Hello, Does any one know if it is legal or not for the landlord to do his own pest control, for instance for bed bugs and roaches. We have a maintenance person who currently sprays our apartments, just wanted to find ...
Matt Harris
How to charge tenants for damages
HI BP and everyone So I'm trying to figure out best way to charge back tenants for damages or fixes,repairs during stay that they caused. For instance a broken window in my case I provide most my own services and know...
Matthew Boyer
Cash-out refinance limit on loan size?
We're looking to purchase a second short-term rental property (beach vacation area), but this time around we're considering going bigger and intending to add significantly to the property. The purchase price is around...
Account Closed
How to Adjust ARV for Location Issues
I needs some BP help on how to adjust my ARV based on location issues. I often come across motivated sellers who's house is located:1) On a corner lot in neighborhood. Meaning there is an inner subdivision street on o...
Mark Forest
Home inspections
It came up in another thread that some of you always have your prospective properties inspected. Of coarse I look over each property on my own. I test the electric for grounding, and examine the main breaker panel f...
Jeff Lubeski
Sheriff's Certificate
What exactly does it mean if you buy the right contained in a Sheriff's Deed?
If the property owner were to redeem, do you get the amount from the Sheriff's Auction?
What is involved with completing the...