Hi BP,I bought a townhouse as my primary residence in 2006. Moved out in 2011 and converted it to a rental unit which I recently sold in 2015. My question is about how to treat the loss for tax purposes. I have a CPA ...

Can You "Force" Renters to Have Renters Insurance?

hi - after moving out the apartment manager had sent final account statement with additional charges of $1059 for replacing kitchen counter tops, saying they were damaged due to excessive water (my negligence or not i...

I am planning of buying a house to rent out somewhere in Louisville Ky but not sure where to buy it. I am trying to get some cash flow from this investment. I will buy the house cash for up to $140,000. then have a pr...

As you can see, could not sleep well tonight...I had been working with a seller for a home in the Charlotte area on purchasing her pre-foreclosure.  She ended up missing a hearing and was promptly scheduled for auctio...

Are there any quick and dirty tips to evaluate mobile home deals in which the mobile in question sits on a park?

It's a $5k trailer with $400 lot rent. To me, that seems like putting 5k down on a SFH and paying a $4...

Howdy,I want to hit on this topic in local forum since I saw related hot topic in the BP main forum.  I know many have said that they don't like their property manager and complained and shared their expectations. I a...

Hi Everyone,So, my wife and I ready to start purchasing our first rental property!  Let me run some numbers past everyone and see what everyone thinks.  Its an up/down 1600 SqFt duplex with 2/1 upstairs, and 3/1 downs...

So we have a pretty good system so far managing our own rental properties and just hired a contractor/maintenance man. We need to set up inspections every 2-3 months and how is the best way to have it set up for all...

So the other day at the foreclosure auction, the bidding was going hot and heavy on a property until it ran up so high that all of the experienced bidders stopped bidding. It was down to just two bidders now, going b...