Paul Clements
Tax question on selling principal residence
(I'm copying this over from the buying/selling forum)I've lived in a home for 20 years (it's a 50 year old, 1200 sq ft manufactured home, basically a double-wide trailer, that has very dated decor, drop ceiling, and i...
Sandy Uhlmann
Lease options acting similar to Sub 2?
Situation: Unoccupied brick triplex (3000 sq. ft) in blue collar area of town. Landlord is tired of being a landlord. Has a growing family and wants to sell for what he has left in his loan-$60,000. I am trying...
Brett Rhine
Does the 50% Rule Apply to Newer Homes?
I am trying to figure out how to move out and rent my SFR primary residence (built in 2009, I have been the only owner, and it is in good condition). I've used Dealcheck.com to analyze the numbers and with the 50% rul...
Priyanka K.
Sign Lease Without Meeting Prospective Tenants?
I have two applicants for a SFR. Ironically booth are from Seattle and claim they are moving to Dallas for new jobs. They don't have the offer letters but have provided contacts to verify the new job offer. Their back...
Bryan Hylenski
Quick Question for Quickbook experts!
Hello AllTwo tenants. 1. Move out Tenant, left the place a mess. House needed cleaning, so we billed him 75$ for cleaning penalty fee.2 Move-in Tenant said she would clean the place herself in exchange for the 75$...
JR Green
Newbie investor needing some guidance
Hello BP,My name is JR and I'm a newbie investor with $65k and looking to invest in Milwaukee, but don't know the market well enough. I'm from Nevada so do I need to be boots on the ground checking out the market ther...
Ryan Monty
What rehab elements tend to increase appraisal value the most?
Specifically in Chicago, any advice on which types of rehab elements an investor in multi-family properties should focus on or give more weight to when deciding how to rehab a multi-family property? For example, in s...
Amir B.
I'm having trouble renting my SFH in the Cleveland area
Hello BPers,My SFH has been vacant for over two months now. My rent started out at $1500, and now it's at $1400. Any local experts or any experienced PMs please let me know what the issue is.https://www.zillow.com/myz...
Aniket Patkar
Buying a rental investment property for short-term purposes
Hello there! New member here. I wanted to get experienced opinions on our situation. My wife and I currently own a house in Royal Oak, Michigan (Metro Detroit). we have decent equity in the house as we bought it in 20...
Ariel Rahmanov
First long distance rental property
Hi everyone, just joined BiggerPockets and I am very excited to start my journey as an investor to build wealth! I just signed up for the Real Estate Bootcamp. I am also a real estate agent from NY primarily serving Q...