Mark K.
ENDING LEASE IN MN AFTER RECEIVING RENTAL ASSISTANCE
Our tenants received rent assistance from RENTHELP MN that paid through Feb. Their lease is now expired. Can we tell them we are not renewing the lease and ask them to leave or are we still required to wait until June...
Mike Nas
"Formality" of 1031 Exchange Process
Hello BP family, I had question about 1031 and reverse 1031 exchanges. I know this is an oversimplification, but coming from a legal background Im trying to understand whats going on in a 1031. My impression of the p...
Schelley Stamps
SUGGESTIONS FOR SHORT TERM (VACATION) RENTAL INSURANCE COOMPANIES
Hello, I have a STR unit next to my house thats insured properly as a temp rental, but am considering turning a multi family into one as well. This type of insurance is twice as much as my former single family home i...
Ather Taqui
Single vs multi-member LLC for husband/wife in non-community property state
Hi everyoneTrying to set up a LLC for our first rental property in NC. I wanted to keep it simple and form a single member LLC. Wanted to form it with both me and my wife. From my research it appears that I cannot use...
Brittany P.
A Dodd-Frank Question
Hi All,
Question for you pros, and maybe I'm thinking too deeply on this, but does Dodd-Frank (or its attendant regulations) set any restrictions on purchasing mortgage notes, or only on loan origination? What about...
Natasha Sumner
Lead Paint Disclosures
We have an opportunity to purchase a mid size apartment building (33 units pre 1978) where the current owner has not given any tenant lead based paint disclosures to the tenants to sign. During our due diligence we ha...
Jarrod B.
Advice for end of lease/tenant double paying last month's rent
Hey All, I was wondering if you could help me out here with some advice. I have a 12 month lease that ends May 31st. Of course they paid first, last and security deposit, so really and truly if he were moving out he...
Sateesh B.
Tenant wants me to replace the jetted tub with a plain tub
One of my tenants is pestering me to replace a perfectly working jetted tub with a plain tub, she is quoting that it is tough to clean and due to that she is getting fungal infection and quoting medical reasons, Plumb...
Natalia Keenan
month by month rent in Virginia
Hi all,First time I have a tenant with month by month Lease. She has occupied the condo for two and a half months and now she wants to move out already. The property is in Virginia. If she leaves in the middleof month...
Donnie Mendell
Capital Raised now what?
I have, probably a newbie question. I have done my work and raised the capital needed for a purchase from a private investor and found a deal. My question is how do I proceed with the PPM? I assume I need that before ...