I'm a new member, and this is my first post.We bought and are rehabbing a small house down the street. We will be renting to our daughter as soon as it is complete. I know from experience that working with family ca...
Good morning everyone! I want to start by saying thank you to this amazing community! I really hope we can get some advice on our tax situation.In 2020, we only had 1 rental at the time, but an investor in the area wa...
I'm working with a seller on FCI Exchange who has not recorded his assignment and says: "We don't record our position until it is under contract. FCI can record our assignment at time of close." This does not seem ...
Hello everyone!I'm new to BP and very excited that I found this forum. I reside in Orange County, CA and have been looking for the past couple months for rental properties that has positive cash flow and I plan to buy...
We had a renter who had to end her lease 1 month early. We thought that since she had always paid rent on time, that we trusted her and allowed her use her security deposit as last month's rent. I know- STUPID move ...
I will be going through my first city inspection in a couple weeks, what I should be prepared for? The city where I own the home doesn't have a check list or sheet to give me before the inspection. So I am just wond...
Hi Guys,My question is about ownership and the transferability of ownership interests with limited partners (investors) in a multifamily property deal. How do you guys address the sale or transfer of partnership inter...
Hi All,This is my first official post. I've been researching & learning amazing things on BP. <3 The podcast. Thank you so much to everyone that gives back the wisdom that you've been imparted with. I would lo...
A tenant of mine recently broke their lease. They still have 6 months remaining on the lease. The home was left in good condition, but I'm anticipating they may not continue to pay the rent while I work to get a new...
Ok, I am a brand new investor. Just to break down where I am. I am a licensed General Contractor, I was a realtor in the past and recently have submitted my application to renew my RE license, I am a client o...