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Do you think we should require tenants to get renter's insurance?
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For those that do their own tenant screening, how do you evaluate a credit report properly? Do you just go by the FICO score or do you also factor in negative tradelines?
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If you are behind on payments, The association is not willing to work with me for a new payment
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I want to learn the ropes of wholesaling before plunging in to doing it myself. is it even feasible to try to link up with a seasoned wholesaler to learn? In other words, would a wholesaler even want to bring on an ...
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Hi BP wise ones,
Things, unfortunately, have hit the skids with the tenants I rented my 3BR SFH to in Lansing, MI. On-time payments led to lay payments, to segmented payments, and now no rent paid in Dec. and...
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Bill Gulley Someone was asking me a question on their home. The Seller is carrying back a note secured by a 2nd deed of trust. The agreement they have is that there are to be no payments on the note, and the buye...
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I've read some marvelous advice here about a variety of topics, so I'm going to ask this question that is puzzling me about the tax deductibility of my rental expenses.I've been told that I can't deduct expenses due t...
Hi! This is my first post, so here goes. I just bought my first 4-plex. It's in Cedar Rapids, IA. The purchase price was 113,000 and I put exactly 20% down. Each unit rents for 495/month... quick math would make one t...
I bought a home in Detroit Dec 2009. It was a package including rehab for $35,000, in a good neighborhood. To make a long story short, I had unexpected bills and bad tenants. I had to change management companies to ge...
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My mom owns a house in Fort Worth, TX and she's been renting it out for a while now but the most recent tenants left this past May and since then my mom has been going to the house to fix it up and clean it up and sho...