Michelle C.
survey and title insurance
Hey Everyone, I'm new here and new in this business. I recently purchased a detached house (40*100 irregular) and I'm going to fix and flip in few month. Do I need to get a survey and title insurance? Thanks so much f...
Bennie Overton
Questions about forming LLC
Hey Everybody,First time poster. I'm almost about ready to start jumping into investing, but I wanted to get my LLC formed first. Had a couple questions:1) I know the whole purpose is to separate the individual from t...
Jennifer Allen
Triple Net Lease Reserves
How much cash reserves should you keep for a triple net lease? Do you try to cover your monthly expenses for X months for when you have to find a new tenant? Do you base it on the building cost or size? I'm trying to ...
Tom Lipps
Tenant clipped car exiting garage with low-hanging door.
Hi BP!I'm about to close on my first rental property this Friday and am very excited! I'm learning A LOT as I go, and BP's community has been amazing in helping me confidently get through to closing.The property I'm g...
Sierra Crisp
Las Vegas Handyman runs with $9THOUSAND DOLLARS, threatens more..
This one is a doozy. My boyfriend owns a property in Vegas that when the tenant moved out we decided to renovate. Due to living in California, we didn't want to do this ourselves, so we used a handyman that was recomm...
Michael Gravallese
Short Term Artibrage on New Construction Triplex
I just finished a new build. Its a Triplex consisting of (3) 2 bed 2 bath identical units, with an attached 2 car garage I plan to keep for personal use. We just put the 3 units up for rent and I have been approached ...
David New
Where to park my investment money while saving for down payment?
Where do most people save their money while they are putting it away to save up for their next down payment of a property or investment? I currently have a high interest savings account with Ally paying 1.25%. I know ...
Account Closed
Cash for keys con
Anyone offer cash for keys, get them to accept and have them sign a return of possesion form. Then change the locks and don't pay them a dime.This tenant has a $4800+ balance and the judge just awarded my mother $1700...
Charles Gaucher
student rental garbage issues
So rented out house as a student rental. Aimed for a group ended up filling with individual tenants. So not an ideal situation. I got property managers, their getting the boot in January from lack of putting in any ma...
Don Bessette
Wording for a notice to move for full renovation
I have a 30 plus year tenant that can not keep up with maintaining their unit, it is filthy inside and in desperate need of renovation, all systems are in good repair and I respond very quickly when issues are brought...