In a competitive rental market, knowing how to stay ahead of trends and rental dos and don'ts is an important key to the success of your investment property. Renter expectations and behaviors, codes, and laws are cons...
Hello BP!I have an accepted offer on my first property that I am purchasing with all cash. My strategy was to purchase with cash, rehab, rent, refinance. I just recently learned about the "seasoning" period which fr...
Have a lead on home that currently has a section 8 tenant. The tenant has been there 7 years, owner says not likely to leave. Rent is $600, he wants $32,000. If I should rehab ARV = $78,000, rehab=$17,500. Would you...
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...
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...
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 ...
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 ...
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...
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
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...