Brian Jurvelin
Tenant needs help: is this lease term standard and/or fair?
Hi BP community,I am a tenant and had a question about the following statement in my lease agreement:"Regardless of assignment of responsibility, tenant agrees to be responsible for the first $250.00 of any repair or ...
Peter Katz
American Wealth Builders
Has anyone heard of these guys? They are offering turn key, cash flowing, single family properties in the $35k range, many in Columbus, OH and Georgia. They state that the properties are in good repair with both ten...
Christian Bateman
Duplex Analysis Help Tacoma WA
I'm looking at a duplex right now in Tacoma WA, the central Tacoma/Hilltop area that is two units both 4 beds 1.5 baths, both units about 1,125sqft. It's listed right now at $239,000 and four months ago was $289,000. ...
Bill Bob
LLC vs TRUST vs Umbrella.....?????
Did some snooping, LOTS of info on LLC and Umbrella policies.....
Honestly still cant pick which one is the better (no one seems to agree), but recently was suggested to try a trust....
The lady mention her parents d...
Abad Marroquin
My tenant behind in rent is moving out before contract expiration
This tenant called me today Monday and said they are moving out on Wednesday because they don't want to be evicted. The husband had an accident and and did not work for a month and they said they would catch up once h...
Christian Lincoln
Litigious Tenant
A kid moved into my 6 bedroom house. After he moved in he tells me he has asthma and the other kids smoke in the house. I write a tough email to other tenants defending this kid and telling them no smoking AT ALL in h...
Robert Frazier
What I've learned in re-development---your team matters.
It's a banner week for our fledgling development business. After 3.5 years we have permits for a 17 unit redevelopment project.We had hopes that we would break ground within a year of buying the property....that fell...
Ben S.
Raising rents A LOT on a 4-plex that we just purchased
We just purchased a 4-plex in the Minneapolis, MN suburbs. The current rent is averaging about $720, but the going rental rates are somewhere between 1050 and 1350 for a 2 bed 1 bath unit. We have purchased this pro...
John Carbone
Bonus depreciation for STR Material Participation
Has anyone filed taxes yet as a W-2 employee who owns only STR, rents for on average less than 7 days per rental (STR), and materially participates (usually requires 100 hours or more in a year and more than anyone el...
Karl B.
Halloween Fun: Anyone Ever Own a Haunted Property?
I may have posted a similar thread around Halloween in years past but only because the paranormal and ghost stories entertain me so much!
So the question must be asked: have any of y'all ever had/have a rental, flip,...