Apologies for the incessant questions but I have another with respect to the deal I'm involved in (fitness center here in California).The property in question isn't set to be completed until April of next year but the...
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Hey everybody!So I am jumping headfirst into renting out my home. I've done lots of research on BP and elsewhere as to what I'll need to do it effectively. I even have some great prospective tenants interested via wor...
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I have a friend that is willing to lend me money for a down payment for my first investment property. My strategy is to buy a house through a short sale, rent it out for two years, then sell the house. I have no ide...
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STR Life- Remitting Tax
I got a good question for the BP fam. If you are a STR operator how do you deal with remitting and paying tax? Now, if you do not use a PMS and only have a few properties or only operate on A...
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I filed a claim with my insurance company for wind damage to the siding on one of my properties. At the last minute, I called a contractor to meet the adjustor at the property so they could inspect it together. The ...
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just recently signed a lease on my first ever rental. So I was wondering How everyone does rent collection.
I planned on more of a personal approach for at least the first few months to check up on t...
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I have three SFH, and one under contract. At the end of every month I collect all of my receipts, and my credit card statement, add up all of my expenses and deduct that from my income. This process is ridiculous, ple...
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Hi All - Thanks in advance for any suggestions / insights / recommendations.
My partner and I have crunched the numbers and it looks like a good deal to us, would like the greater opinion of the BP community. I plan...
Question to Philadelphia investors. How hard is it to obtain a permit to use a house as two family building. My husband and I are new to investing and when we bought a duplex in 19152 area, never bothered to check the...
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Hi BP,
This month I have had my first late rent (two tenants, actually). I sent a firm reminder email right after midnight asking if everything was OK and summarizing the lease's late fee schedule.
Thi...