Greetings everybody,I recently became aware of investment opportunities in Toledo, Ohio (not to mention other cities in so-called flyover country). Whereas it's tough to find properties in my area that meet the 1.5% r...
So we all know we should be separating money out for things like Vacancy/Maintenance/CapX/PM but I've never heard anyone discuss what system they use for monitoring their funds.What do you do?? Seperate bank accounts?...
Hi, First time with a medium term rental.My property is currently rented through 2/15. I have a request through furnished finder for 4/1-6/30. Which is awesome!Here are my questions - I can legally only do 30 day mi...
Lets say there is a property. A six-plex. And there is some termite damage,and needs to be tented and fumigated. I know that I as the landlord is responsible for the cost of the fumigation, but that takes a couple ...
Is there some special consideration you give this? I looked at an REO today with Extreme mold. I mean I've never seen anything like it. Supposedly the pipes burst, to me it looks like someone turned the water on and w...
Sorry to jump the forum like this with no history here, but I'm desperate for advice.I'm under contract to buy a fourplex in salt lake city (hot market), and the inspections have been a little nightmarish. I can still...
In Virginia, we have a 5 day grace period after rent is due. So assuming rent is due on the 1st, rent is considered late (with a late fee) on the 6th. What timeline do you fellow Virginia BPers follow as far as noti...
Just bought a new rental but the previous owner smoked a pack a day. The whole place smells like cigarette smoke. Painted the whole place but didn't even change the smell. The carpeting is only about one year old a...
Thank you in advance for any insight or advice you can provide! I will explain in detail the scenario below but will start off with the abbreviated version (TL:DR) version first.Thanks!TL:DRTenant suppose to be out en...
BP Fam,Would like to hear the communities thought in my current situation. Currently house hacking and we have a in-law suite. Renting it out and occupied. The tenants decided to register their LLC under my home addre...