Aaron Lavigne
Making offer on property owned by trust/estate
Hi BP - I have my eye on on a piece of Land in CT that is owned by a person's name followed by Trustee (John Smith Trustee). It does not have any buildings on it, just land considered wetlands. It appears no taxes h...
Donald S.
Renting to an evicted person, now on HUD?
Hi all, I currently have a 3 bed 1 bath apartment in a C or C- neighborhood that we're trying to get rented out. I'm realizing why people say it's harder to rent in the winter. Well I have an applicant who has evictio...
Harry Wilson
What a property needs
So I have a friend that rents out to tennants, I believe that the property isn't up to standards and he could probably get in trouble if he was inspected. So what does a property need to be legally rentable? And does ...
Harry Tran
Quit Claim and Lifetime Gift tax
If anyone can provide some info it would be kindly appreciated. My Uncle wants to quit claim one of his properties to me. The property has been paid off and he is basically gifting it to me. Would he be able to claim ...
Kristen T.
Utilities
I need some help in figuring out my next step. I've had new tenants in my townhouse rental since October 1, 2014. They pay their rent on time, I've done 1 walk through so far and everything looked great, but I'm hav...
Lucky Tiderman
Vacation rentals in a foreign country
Are there any tax pros or cons in owning a vacation rental in a foreign country?I'm also looking for a CPA in the Oklahoma City area that specializes in real estate investing. Thank you for your time and help
Hui Kiang
Tenant screening - Alternative of Pay Stub and Bank Statement
Hi Landlords,I have a question. We're at the final stage to screen tenants. We're asking for the 2 latest pay stubs and bank statement to verify their income. And prove they have enough fund to pay the rent if they're...
Lynn Gupt
Short term rental Financing
Does anyone has experience working with "The Lender" to finance a short term rental property? When we spoke to them last week, they mentioned that they can easily do 20% down with no experience needed as being a host....
Mike Gennaro
How do you transfer a mobile home title?
Hey BP,I'm about to hand over the cash on my first mobile home purchase. Aside from myself, the seller and the owner who financed him will be present with the title. What paperwork do I need to execute this transactio...
Troy F.
HOA Rental Restrictions
Has anyone ever purchased an investment property only to find out it is not eligible to rent due to the HOA rules?I just bought an investment townhome. When I found the home MLS said Rentals Authorized. I reached out ...