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Hi all, I am in need of some guidance, please. Any direction is much appreciated.I purchased a duplex in Jan 2018 in Burlington, WI and inherited some bad tenants in the upper unit. Their existing lease with the forme...
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Is it true that if I want to buy a house with cash it must be in a bank account for 2 months before I can purchase the home? (I was told saving it in my mattress won’t do me any good)
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I currently live in the DC area and unfortunately getting anything going here requires a large reserve of capital. I'm 23 so I'm still in college (last semester) and am currently gov. employed,I would like to invest b...
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BP Nation,From what I understand, the Dodd-Frank Act mainly effects the seller when it comes to a "seller financed" deal. Are there any impacts on the buyer? I will be targeting "100% seller financed" deals this year ...
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Hello BP community. I have 2 rental properties. One shows profit, and the other shows a loss. My accountant says that I can't deduct the losses because the "standard deduction" is higher than my losses. So there is n...
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Good evening! I have a long term tenant (going on 10 yrs and the rent is way below market rates). Tenant lease is up in 60 days so I sent the renewal and or option to vacate with only a $45 rent increase (I know I sho...
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Hello BP, my tenants boiler is 30 years old and about to die. Anyone have any recommendations for someone that is qualified and does an excellent job with boiler replacement? Thanks, L
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I’m closing on a house this Friday. Existing tenant is month to month. I found out today he started a bar fight this weekend causing extensive damage to a local establishment. After doing some research, I found he had...
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I bought a property a year ago in Las Vegas. It had a pre-existing tenant who was there for the past few years.
He's been fine for the most part, signed a new lease in January with a very minor increase (I think 25 b...
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Hi All! Brand new here and am loving reading all the posts and answers. Figured it's about time to start my own because after about six weeks of Bigger Pockets webinars and research I have a lot of questions.Immediate...