I recently purchased two 3/2 SFRs in Fort Smith, AR. I live in CA and my best friend from college will be managing them for the next year as a favor and to learn the process. What kind of lease should we use? Speci...
Hi landlords,So I e-mailed my landlord about a few things happening with the property, see below along with his response. I hope the Holidays have been treating you well. There are a few things with the property I wa...
Hi BP,I need to replace 3 water heaters in my building and considering wether I should rent or buy new ones. On one side, I could buy and instal new ones ; in terms of cost it's gonna be a 1 time expense and if anythi...
Can anyone give me some great pre-screening questions to ask a potential tenant by phone or email, before I give them a tour of the property?
Hello I am getting into realestate investing with my husband and we are looking to grow our team. Looking for a CPA specialized in reastate investing, lawyer for tax strategies, asset protection, and necessary contra...
Hello BP,
I was hoping to get a little feedback on my current situation. I purchased a home outright to use a rental property in Georgia a few years back for $30k that’s is currently valued around $100k but I live in...
Looking to get a gut check on a house hack that I might want to fully lease out as an investment in the future. Background info: A+ area (wicker park), 3 large 3 bed legal units, 1 non conforming, 5 minute walk to El,...
Hi everyone,I am in the process of offering on a property that currently has aluminum wiring. With all of the unknowns from possible lender and insurance requirements, my question is, should I run from this deal beca...
As a new landlord, I wanted to ask the veterans on tax deductions for expenses I incur on the rental property.things like: Bathroom Remodeling expenses made by me.. (or by contractor), plumbing expenses for unclogging...
This is the second time I have used Zillow to list my property. The last time Was 18 months ago.
After a day, or so, of responses from verifiably real people, with a balance of male and female applicants, I get a ste...