Sean Kremer
Heading to fort meyers , FLA....any advice?
Okay, I've been lurking here for a while now, this is my first post. I've been a full time investor for 20 years now. This business has been very good to me, and I'm now going to head down to Florida to see what's go...
Robert Bacher
Creating Policy for Rental Business
BP's How to Be A Landlord: Top Ten Tips for Success, states to Create a Policy & Stick to it.Does anyone know where I can get a generic Policy/Handbook/ Standard Operating Procedures for tenants, and then customi...
Account Closed
LLC or sole proprietor?
Well... I have been talking about if for years. I think for many, a may have sounded more like a talker and not a do-er. I'll be closing on my first 2 unit in a week or so. I just went ahead with the formation of an L...
Kyle Seidel
Can you Write off Life Insurance Interest used for a down payment
Hello, I live in Green Bay full time and recently bought a short term vaca rental condo in Nashville where I have a property management company run it. For me to swing the down payment I took some money out of my life...
Mary Beth Blackwell
Guests asking to Cancel due to Bad Weather?? Here’s a script…
I’ve been hearing host mention guests are reaching out to rebook or cancel their reservations due to bad weather. Some hosts are asking for advice on how to handle… If this is you, here’s a script I use…. you may want...
Rob Z.
"Accounts closed"
So im more of a lurker than anything around BP but I could help to notice some of these accounts closed people... Some of them were hot and heavy in here, getting into debates some bragging etc then all of a sudden ac...
Siva A.
Pet policy with 3 cats tenant
Good morning Everybody,I have a tenant interested on one of my property, One Adult with 3 cats. I have a rule that Max allowed pets are 2. How do you go about this. Also, I have a Pet fee (Non refundable fee per pet)....
Brian Legg
Newbie Business Plan for Buy and Hold Rental Cleveland Ohio
Hi!I am sorry if this is annoying to ask, but I am a complete newbie and for now I am relying on this community to be my mentor. In short i would like to buy my first multi-family rental in the next 6-18 months. With ...
Seb Ko
Skyrocketing insurance costs!?
Hi everyone, wanted to see what your experience has been with home insurance costs. I own a 2-unit primary residence in Lakeview and premiums have doubled in 1 year from ~3200 to ~6500. I have 0 claims - this is stric...
Sabrina Savinski
Maryland Tenant Liability for Pets
I have a single family townhome in Frederick, Maryland and have an applicant with an Italian Mastiff. Our property manager has told us that in the state of Maryland, tenants are held strictly liable for their pets. Do...