Good Afternoon BP community, Hope all is well, I'm closing on a property with an inherited tenant whose also in the process of purchasing a home. During the closing process I found out the tenant has not paid rent sin...
We have a 2nd home by a beach in NY. This summer we started renting it out on Airbnb. We like the extra money and thought about other areas we might like to have a home to vacation at which we could buy and fund via l...
State specific question IL :
Part of the rehab will be dealing with many trades. Some are more professional than the other. My idea is I will never pay ahead of work done – that’s my only leverage I have. If ...
I recently fired renter's warehouse as my PM company and when they finally turned over all of the documents i requested I found a host of things missing. My mistake early on was not double checking behind the PM compa...
Hi all,
I have a unique situation. Actually they are all unique since I only have one duplex.
Currently I pay for water and sewer and since it’s a duplex I didn’t figure it would make since to pay for separate wate...
Hello BP!I'm trying to get out first commercial venture, a 3 unit office building purchased 9/2018, up and running smoothly but suddenly having problems with one of our tenants paying rent.Building was built in 2004 b...
So my tenant has been great and paying on time. I received a complaint from a neighbor unit that the tenant is smoking weed inside the unit. She clearly smells it and the other day knocked on the door to give her some...
Hello all! I'm currently reading one of the suggested business books in the podcast titled "Trump Style Negotiation" by George H. Ross. The author says you need to understand the other side and its needs. Here's an ex...
I never planned on being a landlord, but looking back over the last decade I've settled into the pattern I explain below. My main question is, "How will I look in the eyes of a lender when it comes time to buy my four...
As a landlord myself (albeit not of many properties and none of them STR) I am curious what you would all do to handle this situation if you or a loved one were in it:My sister is a traveling surgical tech on a contra...