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My Best friend wants to quitClaim 50% of his apartment property to me as I will also be earning 50% of the profit, I will be handling all management, Maintenance, rent collecting property up keep etc. He has fallen ve...
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Hello all. I suppose this falls under the umbrella of "legal issues" but moderators pleas move this thread to the appropriate forum if there is a more relavent one.
I'm looking at a four acre tract of land near my h...
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Hello Everyone!I have a leak in a hot water line in one of my rentals in Alabama. I've been told it'll cost $1850 to fix, and will require busting up 1-2 tiles, cutting some drywall, drilling hole in concrete, fixing ...
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Hello all, looking for some advice or recommendation. Also my first BP post so here we go.
July 2020 I bought a townhouse in Fredericksburg, VA for $315k. 20% down payment, 2.75% fixed over 30 years. Do the math a...
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State: Virginia
I recently purchased a home back in August, and did a rent back to the Sellers until end of September. After closing, we had [Buyers] did a walk through with a Home Inspector and didn't turn up anyt...
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12 months, our furnace went out, pipes froze, and we racked up over 100k in damage. 12 months later we are still fighting with the insurance company on a settlement. They've managed to convince me to give up on furn...
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Hi everyone, just wanted a little advice. I have a benefits tenant who owes me two months rent. He's had the money but spent it. I have issued him with a section 8 with proceeding threatened to start on 20th. Tena...
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Hi Guys,I am moving into a new home in December and will be renting out my current condo. I understand that if I list the condo during this Calendar year I will then be able to claim depreciation. Is it worth trying t...
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My question is in regards to wear and tear; specifically, plumbing below the floorboards and inside the walls on a 20-year-old rental cottage. If there is leak not readily noticeable, as in occurring inside the bathro...