Bob Stein
Holding security deposit for pool
My tenant had the pool closed before the winter, as per the lease. Now, they are moving out too early in the year to test if there is any damage to the piping due to incorrect closing. In NJ, the deposit has to be ret...
Eric T.
Apartment roof leaks caused property damage - seeking advices!
Dear BP members,My brother is currently experiencing a roof leak issue after recent heavy rain which damaged some of his personal properties. The main cause of the roof leak was from roofer hired by apartment manageme...
Scott K.
STR insurance - Proper alternatives?
Hi there, my STR in the Hudson Valley, NY is currently insured with Proper. They're pricey, and I'm keen to do some comparison shopping. Is anyone else aware of reasonable alternatives?
Warren Golston
General Contractor Needed (Norfolk,VA)
Good morning BP (well I'm in Bahrain so it's morning here). I will be coming back to the states very soon with a nice amount of savings I received while stationed here. I plan on doing a BRRRR project, and utilizing t...
Jasen Bankson
STR Damage Insurance - Direct Bookings
Hey! I rent my home out for weekends about 5-7 times a year sometimes through AirBnb/VRBO, but some customers like to book direct and we can avoid fees and such of the third party. As such, I'm interested in a third ...
Thomas Lord
New STR manager questions
Hi guys, Starting out in the STR management space and have a couple currently under management from friends and family relationships. Ive been browsing the forums and trying to find the biggest issues LLs have with pr...
TaRa Mehta
Tenant withholding rent due to minor maintenance issue
Hello all,I've a tenant who has been paying her rent late each month (along with the late fee). This month, however, she has not paid the rent so far.Here is the sequence of events that happened.1. Issue #1 - a rat en...
Wilson Pereira
LLC taxes on real estate income
My wife and I formed a WY LLC that is an asset holding LLC and a member of two other LLCs, one in NC and the other in FL. My wife and I are the only members of the WY LLC. I have rental income for the NC and FL LLCs. ...
Account Closed
My LLC finally made some money! Now how do I get $ and pay taxes?
Hello, I finally sold my first deal, but it did not to go as well as planned. My LLC did not make any money for its first whole year and all the finances came from me loaning it. I know for a fact I probably d...
Jesse Danzig
ok to have prop mgr hold security deposit and leases?
i'm interviewing property management companies and have run across some instances where:the leases will be between the property manager and the tenant (rather than between the owner and the tenant), andthe property ma...