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Hi, I have 17 unit rentals and I have set up a S-corporation acting as property management company. The average property management fee in my area is 10% of the rent collected. How much should I pay to my corporation ...
We have tenants that moved in October of last year, 3 months ago. We are new homeowners, and new parents. We bought the duplex that we have been living in for the past five years, and we are living in one side of it...
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We recently purchased a property with two inherited tenants. One of them is a "problem tenant". The previous owner said they were going to terminate the month-to-month lease if they hadn't sold the property to us. ...
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Hello BP,
I have a friend that has just been through a divorce and owned a house with her husband. They didn't own the house for very long and didn't have much equity when they split up (about a year ago). She has be...
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Hi guys,
I’m a bit new to REI, as I haven’t purchased my first home yet. I was hoping to gain some information on some of your favorite ways to find foreclosed and off-market homes, and how to go about pursuin...
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I own a rental property in Buffalo NY and I’m an out of town landlord. I have an ex tenant that owes me $4500 in back rent. My property manager did file papers for eviction but when her lawyer went to court they made ...
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First off let me say I'm at work right now writing this post and I'm using voice text so any misspellings I apologize hopefully it'll come out legible So I found out last night that my grandmother died and now the ho...
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I'm working with a seller to market her equestrian property in a VERY high-end bedroom community near Boston.It's 10 acres with a very nice colonial, plus a guest house rented at $1,500/month, huge barn with 25 stalls...
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I have a question for friends, colleagues, & fellow investors. I have a friend who has a house she brought in Alabama, she now lives in Maryland. She's been making the payments herself for the house in Al. But ...
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Hello all,This is kind of a "two-fer" as I am not only new to BP (this being my first post) but also have a big issue I am struggling with.My wife and I are soon approaching the end of our apartment lease, and are loo...