Taxes seems to be a hot button on this forum and a sensitive one. So, without trying to get you in trouble with the IRS. Suppose there was a ground root tax revolt movement (And, no I'm not planning to create one and ...
I own a condo in a gentrifying neighborhood that has taken an ugly turn due to Covid and a high-profile police brutality case nearby (think BLM). I have excellent tenants in a complex of 12 units. It appears there's a...
Hey fellow BP members,
I've seen a lot of posts from buy-and-hold investors who talk about not doing high end finishes on a rental property. Though I am newer, this strategy is flawed in my eyes for several reasons...
I need help understanding this idea that your lender will help you collect on insurance claims if you have a high outstanding loan balance.In this scenario, if you have a high loan balance on a property, and your prop...
We have a new tenant, has not yet moved in but has paid his first month rent and security deposit. He signed the lease yesterday. We do not allow pets. This was clearly stated in the listing and in the lease. It w...
Hello, I’m a long time lurker, first time poster. Apologies if I've committed any faux pas in this post. I’ve been interested in real estate for some time and finally bought a light fixer in SW Portland (Hillsdale ne...
My partner and I closed on our first property 3/30 and are under contract to close 4/19 on another. Property #1: Duplex, 1 Bedroom 1 Bath each located in 64053.Purchase Price (Cash): $45,000 (asking price $49,900)Clos...
Subject is supposed to end with "starts" have a personal issue to deal with the next morning so trying to look at options.I could leave the try's in a shed and tell them where they are tomorrow. Or maybe install a l...
i just finished rehabbing one 0of my property's and i wanne rent it out now . but my question is now if i should allow pets or not. from one side i understand then most people has pats so it will be hard to ...
I have talked to 20 plus investors in the last week considering switching from traditional tenants to section 8. I am a huge believer in the section 8 route, but love to hear any other takes on pros and cons.