I am a tenant in florida. I rented a house under a residential lease about a month ago, When I got my first electric bill I was charged for a commercial electric deposit of $460 and not my usual residential deposit b...
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Getting conflicting information on this subject. Both husband & wife on W2 income w/ one rental property.Does creating a LLC help with a lowered tax rate for the rental income? Very sparse information on this subj...
We bought a new home and had to break the current lease for the condo we are renting (State: Texas). The lease runs till Aug 2018. We broke the lease with the required 45 days notice. Per the lease agreement, we are r...
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I am considering investing in rental properties in an area in which I am unfamiliar. One of my research steps is to interview a property manager or two in that area. I wonder if anyone has a suggestion or two of ques...
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Hello everyone,I came across a piece of property that has been flagged as a nuisance by my city. It is a boarded up 3b/2ba but this thing is sitting on 2.2 acres of prime real estate. I have been exploring new home bu...
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Hey BPElites - im looking to replace my current homeowners ins policy on one of my rentals. The property is a typical rowhome in Bmore City. I was told by my current policy that after further review they can not accep...
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Hey guys, I came across some interesting statistics when looking into the probate leads I was buying. Which were $150 for the month. I use to pull the records myself and do the data entry myself, and I noticed that wh...
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Hi,I have a new tenant in a rental and in two weeks it's clear that I made a huge mistake putting him in there. He is extremely demanding that I fix and make any house modifications that he says and has recently told ...
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Hey Guys,
I need some advice. I have 2 tenants who pay their rent on time and are otherwise great people.
They found a mouse nest and mice droppings in the basement the other month. I immediately contacted a pest c...
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Hi everyone! I bought an 8-plex in SW MN in April. I paid $175,000 for it. It was insured for $520,000, so I just stuck with that number for my policy too. Is that a reasonable number? Do I really need that much? It's...