Hi. I bought a duplex a year ago and live in it. I want to buy a second duplex, live there, and fully rent out my current duplex. But lenders are saying their underwriters will treat this second duplex as an investmen...
I just passed the exam this past Friday and now my next step is to find a broker willing to take me on as an independent contractor. I know it's not ideal for most brokers but hopefully I can find someone willing! I l...
I would like to see if someone can help me with this question I have. I realize agency relationships may be different in different areas but the same basic rules should apply here in this case.
I have a seller who wa...
Greetings;Just looking for your thoughts: i have an applicant for my SFH in Milw. (the one and only in 2.5 weeks!) They violate my screening criteria in having a couple credit delinquencies in the last few years ....
I have a large multifamily and it is an older building. As of late we have had several complaints with regards to rodents and pests. We tented and fumigated the building 2 years ago and have changed pest control co...
I own a home that has turned into an immediate problem child. There has been multiple break-in's at the property, some of which have been burglaries and some have been squatters. The individuals that broke in did the ...
I have read several threads on this, but I am a newbie and still a bit confused.We are married filing jointly with an income close to 150k last year. We own one rental property. No actual profit last year. Our monthly...
Does anyone have experience of renting out individual rooms on a long term basis out of a duplex/triplex? Basically, I've come across a property that is a duplex with 4 bedrooms/2 baths/kitchen in each. The current ow...
I have 9 properties. 6 with note from private investors, 1 with wellsfargo, and 2 I own outright. Can I take money out or someone leverage the two properties I own? Like a Heloc for investment property?
Hi BPers,
I saw an accountant state that [b] rental property maintenance expenses
for plumbing repairs and painting may have to capitalized and depreciated over x years instead of a straight expense[/b] in the ye...