James Hart
Advice on financing off grid property
I am new to the forums. Lots of good advice on here but haven't found anything that matches my situation. I bought 10 remote acres and have a small cabin on the property. We bought this home to remodel and live in, no...
Matthew Davis
Eviction without possession?
I recently screened multiple applicants and offered a lease. The tenant signed the 1 year lease but did not have the money at the time of signing. Therefore we decided that the keys would be given to the tenant one th...
Account Closed
First Time Landlord Q: Inherited tenant with Mental Issues
If anyone has ever had this situation before and could shed some light on how it handled I would be forever grateful.I just closed on a househack this weekend - a 3 bed 2 bath home with a 1 bed 1 bath carriage house i...
Denham McCall
Lenders who loan based on investment property financials not individual
Hi,
When purchasing a rental property are there lenders or loans available that are financed based on the finances of the investment property and not the person purchasing the loan?
Let me clarify with an example. ...
Heidi Ann Faller
Negative AGI from rental properties - how to carryforward and use
In 2021 I had overall negative AGI on my personal return due to losses on rental properties. I had no tax liability in 2022 and now here in 2023 I do. How/ where do I utilize that prior loss? Is it an NOL on Schedule ...
Christopher Stevens
REI Nation Property #4 - 7320 Marrs, TX - Thanks REI Nation!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $250,000
Cash invested: $83,700
My first TX property! I'm excited to invest in a TX property since the Dallas area ...
Robert Williams
Tenant Request to Refund Pet Deposit for the Holidays —How Would You Handle This?
Hi everyone,
I’m looking for advice on how to handle a recent request from one of my tenants. Here’s the situation (personal details removed):
The tenant reached out explaining that they’re going through financial d...
Gary Burnham Jr.
Lender wont let me Cash out Refinance with 6 financed properties
please help me get to the bottom of this. I currently have 6 financed rental properties. 1 is owner occupied. I am trying to do a cash out refi on the 2 most recent purchases to get the cash out I spent to fix them ...
Alexis F.
Can a landlord terminate a lease before it begins?
My husband and I are landlords in California. We have a tenant that signed a lease agreement and gave us a security deposit. After seeing and committing to the property they are now making several demands, cosmetic an...
Kevin D.
Deal Analysis - Thoughts?
8 units plus a commercial/retail space. Assumptions are below. I'm curious to see what BP members would pay?3 x 2 BR Apartments @ $700-$750/mo.1 x 1 BR Apartments @ $550/mo.4 x Studio Apartments @ $400-450/mo.Commer...