Chris Kittle
Questions to ask on an 8-plex
17 November 2024 | 33 replies
Your contract also wants to require an Estoppel Letter from all tenants.
Padam Neopane
Eviction from rental property
18 November 2024 | 12 replies
Is there any eviction sample letter on BP for pro members
Stuart Udis
Structuring your entities for anonymity is NOT asset protection
21 November 2024 | 39 replies
Sure enough, a few weeks later, I got a letter from an attorney, photos of his client injured from a slip and fall, and a demand letter for $10,000.
Minnina Smith
Just Starting Out & Have Questions
20 November 2024 | 19 replies
I'm working on closing a 28 unit mixed use property in WA State using seller financing once we get the additional capital required by the seller.
Jason Kratochvil
Strategies on purchasing a distressed mixed use property?
8 November 2024 | 1 reply
There street has a majority of mixed use buildings.
Jose Remor
Leaving a property management company.
25 November 2024 | 19 replies
You have to know how to screen tenants well, know the landlord tenant code thoroughly, know how to send proper notices, when you can charge late fees, what to do if a tenant doesn't pay etc.I can't tell you how many owners have come to us over the years who thought they could manage on their own and got all the way to court, only to find they didn't follow proper protocol with notices or the late letter etc and have the case thrown out and have to start again.Also, are you local to do inspections?
Aditya Kohli
How to find mid term rentals for 3Bed 2 bath property?
19 November 2024 | 19 replies
A mix of competitive pricing on airbnb-- it's not the same pricing as a STR---remember that.
Jake Tiffany
Marketing to Marketers
15 November 2024 | 5 replies
I get calls, texts, cards and letters constantly on this rental.
Haley Brown
Intro- MTR in TX
14 November 2024 | 7 replies
I think due to the rapid expansion during the pandemic that caused housing prices to skyrocket mixed with interest rates, no one is able to successfully do an LTR (unless you BRRRR but even then numbers are tight).
Account Closed
Tenants are escalating mold situation
19 November 2024 | 15 replies
Majority of mold complaints are tenants panicking and/or trying to get free rent out of their landlord.If they do get an attorney involved, their attorney will send you a written notice, which will lay out the issues and often tell you to give the letter to your insurance company.Don't bother with this, but you can discuss with your agent.When you or your PMC (or both) receive a legal notice of a case started, that's when you want to get your insurance company involved.Recommend you keep a record of all your communications with your PMC about this issue.