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...

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...

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 ...

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...

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...

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...

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...

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...

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...