Nathan Astrup
Setting up a LLC, first purchase. Newbie questions.
Hello BP,
Im a brand new RE agent in cleveland and Im planning to make my first investment in the summer.
Im looking in mayfield and lyndhurst for duplexes that I will live in temporarily and save for the next purcha...
Giovanni Di Puglia
Subject to deal concerns
BP members,Here is the situation: A friend of mine who is in the military has a property in Killeen TX as the result of her divorce. She wants to dispose of the property and I told her that I may take it off her hands...
Matthew Krickeberg
Background check on existing tenants?
As I close in on my first rental property purchase (duplex), it seems likely that I'll be acquiring a property with tenants under contract/lease. My question is, having no way of knowing the quality of screening the c...
Dave Fagundes
Pet liability for landlords
I have a tenant who wants to get a dog. She's a good tenant (as evidenced by the fact that she raised the pet issue with me rather than just doing it), and I want to accommodate her to maintain our positive relationsh...
Barbara McArthur
Rental Clause to Prohibit Space Heaters?
My tenants tried to save a few bucks on heating expenses by turning the central heat way down and using space heaters. When they moved out I eventually discovered that one of my electrical outlets wasn't working. Th...
Sam Abe
Plumbing Issue with plumber threating
I own a property in Los Angeles which has had plumbing issue with water flowing back from the toilets and this issue has been going on occasionally since last year. I spent 7000$ initially to change the plumbing line ...
Brianna H.
Evaluating Applications
Howdy!My husband and I just bought our first investment property! We received our first applications for the rental, two friends in their mid-twenties. They are both living at home with their parents currently. Do I ...
Billy V.
Power of Attorney Question
Hey BP Nation,
Got a call from my agent today that the buyers (husband and wife) of my property were all set to close till the husband had some kind of severe medical issue. He is in the ICU and apparently (obviousl...
John B.
Restaurant is selling with lease ending in 3 months!
Here is my situation: The lease of a restaurant tenant is up at the end of May. We had been in negotiations for a new lease but today he has told me that he has received a job offer too good to pass up and he will be ...
Jeremie Cortez
First time managing
I just closed on a duplex in Sacramento that has tenants in place who were on existing m2m leases. I am going to manage this property myself. What is the proper process to get them on a new lease in my company's name....