Donna Stern
Things to keep in mind when taking over a property
I am a CPA and was just working with a client who sold her mobile home park. Come to find out her security deposit listing was wrong.Tip: Very important when purchasing a property with more than 1 unit to verify the s...
Nick Coons
Rental SFH with Pool
I live in Tempe (Phoenix) and my primary residence has a pool. I'm looking to move and to convert my current residence to a long-term rental, and I'm trying to figure out how to deal with the pool. I've read various p...
John Hidalgo
Midterm Rental for University Students - Vacancy range?
Hi all. Thinking about purchasing a large 4BR single family home near a university. I was told by the realtor that 750-800 per bedroom per month is the prior and expected rent. How are summer months handled with stude...
Jennifer D.
Closing with a tax lien in Georgia
Would you close with a $63k lien on a $15k property in the Atlanta metro area? We are under contract to buy the vacant property for $15,000. It has an existing lien of $63,000, and the title is still under review wit...
Michelle Hardy
Where do you keep your tenants security deposits?
Hi Everyone,
Right now, I have my tenants' security deposits in separate savings account at an online bank. Is this how most people do it? If not, can you share where you keep the security deposits. Thank you in...
John D.
CA Attorney for Dodd-Frank seller financed questions
Hi All- I've read many contradicting things with regards to how Dodd Frank impacts seller financing, both here on BP and elsewhere. In particular if it applies to non-owner occupied properties, or raw land, what e...
Patti Connolly
Looking for a Letter Template on proper AC installation
Not all of our properties have central AC and most tenants will be starting to put out their window AC units in a few weeks when things heat up here in Pennsylvania. Once about 10 years ago our tenant did not instal...
Emily Weaver
Tenant Not Renewing Lease
First time landlord here - Our lease is up on March 1 and I had sent notices to our tenant at the beginning of December to notify him of rental increases as well as lease renewals (or not). I had not heard from him ...
Account Closed
Minimum credit score for a potential tenant?
Hi everyone, just closed on my first property and now we are up to screening tenants. I have two sisters interested with a 545 credit score and a 485 credit score. Otherwise no red flags. Can anyone help with some ad...
Joe S.
Escort/assistance on a commercial lockout
I have a small commercial building in San Antonio. The people have not paid for over four months, and I have listen to enough excuses that you would think there was a lollipop drawn on my forehead. The lease is a comm...