Brian Chu
Non-Renewal on a Lease
I have a tenant that is a habitual non-payer/late payer who has had numerous issues with their roommates (their lease is for a room within a townhome). Their lease is finally up in August of this year. Rather than go ...
Account Closed
Rogue tenant tampering with smoke detectors
I have a tenant who just randomly “fixes” stuff without telling me. For example changed out hard wired smoke detector and messed up the ceiling in the process. I want to keep better tabs on the situation by doing reg...
Kay March
Delaware Statutory Trust (DST) 1031 Exchange - Costs vs. Capital Gains Taxes
While considering doing a 1031 exchange into a Delaware Statutory Trust (DST), I read that upfront costs for a DST can range from 10% to 18% of the invested equity. Assuming that no debt is involved, Is paying that co...
Pat Cook
Owner put home up for sale, what are my rights?
Long story, short. Five months ago, we signed a six month lease for a home. Owner said she might be interested in selling it later. We thought we might be interested in buying at the time. Had to move here fast, to...
Carl Schmitt
How would you handle this?
I called an expired listing last week and set up a listing appointment. The next day, the house was relisted. When I called the owners, they said that couldn't be possible because they hadn't even seen the agent for...
Shannon Shaddow
Rental Oven Damaged-On us???
Hi BP!
I have a single family home that we rehabbed and rented out in 2023. A brand new oven and as purchased and installed in March 2023. Tenants moved in in April 2023 and renewed their lease again this spring. I...
Account Closed
Short Sale Flipper
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $194,025
The Sellers foreclosed mid-transaction and even had to lawyer up to get their lender to look at the Short Sal...
Guliamo Zidan
Buying an NYC apartment and want to use AirBNB for renting it out
Hi everyone,As I get to nyc on business very often, I'm thinking of buying a place in the city. I will be in NY for about 3 months a year on different dates.I was thinking of renting it out on Airbnb.com for the times...
Travis Reed
Is it good strategy to send last minute lease extensions?
I am managing 3 commercial office tenants all with 2 year leases. I'm not sure if this is considered "good business" but I was thinking of sending them their new updated lease/extension about 1-2 weeks prior to the e...
Fred Roven
1031, Condition of sale
I have not been able to find a 1031 clause with sale of property as a condition of the purchase contract. Buyer wants to use a 1031 exchange to purchase but wants contract to terminate if original sale does not occur...