Hello All, Please helpI had a tenant moved in 2 weeks ago in Houston tx. I found out their job is fake, income is fake, they are professional tenant and they forged tenant insurance. they will not pay rent even they s...
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What types of insurance should a professional large pm company carry to protect MY SINGLE FAMILY HOME due to their neglect, poor management policies?
I gave my $300,000 move-in ready beautiful vacant home to this larg...
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Dabbler in rehab and other stuff, I need to get my investing back on track. BP, this is a wonderful place by the way! With cash being tight I must wonder, is it beneficial to pay now to set up an LLC, as if maybe le...
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When a potential tenant turns in a application how much of a deposit should I get? If accepted it will be applied to first month rent or how does everyone else do it? I also don't charge a fee which I tend to believe...
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I have a tenant that just moved into one of my rental properties (a condo) last month and now water damage has occurred from the upstairs bathtub that has caused water to come through the ceiling that is visible from ...
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I am in the process of buying my first property. I will be setting up an LLC as well. How do most people manage the money for their properties? Should I setup a separate bank account and have the money flow in and ou...
Hi all, I get a professional tenant, who breached the lease in several ways: Hot water heater Storage room use as a bedroomNo payment of May Rent.Subletting without landlord permissionKeep the cat in the bedroom with...
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Hey there,
I have a new client (an owner of a couple of properties) and looking to sign him on a Property Management Contract. I'm attaching the one I have at the moment.
Any thoughts? It's pretty short, which I l...
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Hi BP folks!My wife recently inherited 11 units (4 buildings) in Fort Collins and we are seeking a property manager as we're out of state. She's interviewed several but is not comfortable with the terms of their cont...
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Hello BP, just posted this to my website and thought this might be helpful for some of you out there. Tenants will not always let you know:While many tenants are notorious for requesting maintenance on every little ...