I am in the process of looking interviewing property managers. In my initial email to one of them, I asked for what they charge and he said for single family houses, they charge 1 months rent per year.
I own three 4...
Hello BP Family,I just started managing my first investment property, and I cannot find the answer to how to handle holdover tenants and new tenant leases? If a tenant is supposed to leave by the end of the month and ...
I placed a bid on a property through my agent who is not the listing agent, This was Friday (4 days ago) and I was told that they would accept the highest bid by Saturday. I have heard nothing other that there were 4 ...
I would like to start wholesaling and investing in real estate but I’m not sure if I will be in violation of my job Non-Compete Agreement. I currently work as a Graphic Designer at Berkshire Hathaway Carolinas Realty....
I am working on renovating a multifamily building on the Westside of Los Angeles county and trying to figure out how to navigate a situation. Here are my objectives:OBJECTIVE #1: Do a 150 sq ft addition to one of the ...
Hello all,I noticed termites in some of the doors and windows that I'm going to rent. I know that the tenants will not like this. I need some tips to prevent this. I found some tips to termite-proof home, but I'm not ...
I am a licensed agent. Before getting my license I acquired a lease option on a home that the sellers were interested in selling but agreed to do a lease option for 3 years. I have rented and managed the home for almo...
As all wholesalers in the state of Washington know or should know, RCW 61.34 is the Distressed Homeowners Conveyance Act. In short, this act basically forbids wholesalers to deal with owner occupied properties. Whil...
The bill seeks to limit how a landlord can end a tenancy. Included in this is ownership change, in ther words, the tenancy can not be terminated when you sell your rental. This might be fine for multi units but for si...
My wife and I entered into a contract for deed nearly 2.5 years ago. We talked about refinancing with the seller but there wasn't a specified time period by which this should be done nor is it in the contract. We rec...