Matt Smith
Stainless steel fridge damaged
My tenants 1 year lease ended but I noticed 4 dents on the brand new stainless fridge (1 year old). 2 on the side due to a door banging on it repeatedly and 2 on the front. The panels cannot be changed. Can I deduct a...
Liz C.
Tenant does not want to renewal 1 year lease, requesting month
Hi all, I have a tenant who I have been providing about $200 credit every month for her to stay and now her lease is due. I give her market rent if $1600 to renewal. She told me she is happy to pay that with month to ...
Jon Klaus
Do you take application fees?
I typically haven't charged for applications, but I just used an agent who charged $40 per adult.
Then I found this article about a landlord in San Francisco who took 250 applications for one unit at $40 a pop.
http...
Sean A Lewis
Does my property value increase after adding ADU's, thus allowing me to refi?
Hey all,
My name is Sean. I've been listening to the bigger pockets podcast for approx 3 years now, and was finally able to pull the trigger and finance my first multifamily property. The reason I am posting is beca...
Travis Hewlett
BRRRR Strategy with a Niche - Oversize Garage/Shop
Hey BP,I wanted to share a deal we just closed on, in a market where cashflow is very tight and hard to find. The deal is in Calgary Alberta, which is currently a buyers market, but still hard to find good cashflowing...
Blair Treu
Using self-directed IRA funds to invest in rentals -- anyone?
I own rental properties in Mesa AZ, Las Vegas NV and Memphis TN -- all purchased with the traditional loan (typically 20% down) and they are are moving along nicely in terms of their overall returns. The properties in...
Bill Couture
Issuing rent receipts for rent payments?
Hello. What are your thoughts on mailing a receipt every time rent is received? I have a resident complaining that I don't mail one after explaining that her cancelled check or money order stub is proof of payment. I ...
Account Closed
Activities Permitted with A Checkbook IRA
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...
Roland S.
How Poor Americans get Exploited by their Landlords
It seems to me that the landlords are providing a service for people that need housing, not exploiting them....https://www.msn.com/en-us/news/other/how-poor-amer...
Terry Royce
The case for and against IRA / Self Directed IRA
Currently I do not have any IRA / 401k, and I have been looking at starting and depositing into one before tax day deadline for 2011.
I have previously just bought stocks and/or mutual funds
However, the more I think...