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Well, I’ve had my first taste of a scam being run on my (1st ) rental. Our agent put it on the market in mid-February 2011 and we signed a rental agreement with tenants just last week. Apparently, someone has been...
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I've been to a few tax sales now and there have been 100's of properties. Out of these I'm usually interested in 20-50 properties. Do you realistically do a title search on 20-50 properties before bidding understandin...
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Hello,I have been doing a lot of research on buying duplexes-fourplexes. I think that I have a good basic understanding, but I'd like to learn more about my specific ares: Springfield, Nixa, Ozark, BransonI plan to go...
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Hey guys - I've been checking out a number of foreclosures in my area and had a question regarding tax foreclosures....say the city is foreclosing on a property for backed taxes - say on this property there's also...
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Hey BP community, I have been under contract for a while on a piece of property out in GA. It is a 40acre tract of land that was owned in an estate. To make a long story short, there are a lot of potential heirs of th...
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Hi, I currently live in San Diego, CA with a house budget of $650,000. I'm planning on house hacking (honestly comfortable renting out bedrooms in say a 4-5 bedroom house) and having that cover all my expenses. As I'v...
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Good morning everyone. New to rentals and it’s been 20 years since I have rented a place myself. Looking for ideas on how to structure my late fees and what you charge. Do most people charge a set amount or is it b...
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I just read a thread where an "investor" suggested that someone way the risk and if the down side could be covered, afford to suffer, to take the less ethical route.
Another thread was suggesting that investors just ...
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One of my tenant in Sacramento had fire in the kitchen. He says previous owner gave him extension cord that started fire. Dont believe him.
He put down the fire and called fire department 5 (approx) later. Kitchen an...
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Hi All,I am under contract on my 3rd acquisition in 2018, so I have yet to actually file a tax return with rental income on it. Is there a general rule of thumb for how much you actually pay in rental income tax after...