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I have a potential tenant, single mother who plans to run her daycare business at our rental property. She has up to 5 children on any given day all under the age of 4yrs old. What are the pros vs. cons?
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Hello BP folks! I'd like advice as to what my top priority should be in the next 7 days with this problem. I'm an OOS investor with a rental SFR in Indiana. 1) The property manager did an inspection at my request Apr...
I have a tenant who is suing myself and my property manager for claims of negligence and inhabitability. She has played a clever game of never asking us directly for repairs, bringing in code enforcement to cite me an...
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Do you use one LLC for all of your investment properties or one for each property? If not an LLC, which entity do you use and why? Doesn't the added cost of maintaining an LLC substantially eat into profit, especially...
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Let's say the owner of a multifamily, owner-occupied building is immuno-compromised. When listing for new tenants, would it be legitimate -- and would it be wise -- to require proof of full COVID vaccination? Would it...
Hi everyone, I am bird dogging for some investors to learn the ropes and have about $200 more or less to spend on marketing. I understand that this is a very little amount but that's all I can make do for now since I'...
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Hello, I am looking into an opportunity to acquire 46 units for my company, the owner is willing to do owner financing, but is demanding us to get Private Mortgage Insurance does this even exist? I have never heard o...
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Hey all - this is the first time we're closing w/ inherited tenants... and the place is outdated and worn. The tenants are both (this is a duplex) on month to month leases that are under market but I suspect that's a...
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I swear this started out as just a sentence:
I was born to a father that would drive me to school teaching me about stocks, bonds, mutual funds, anything and everything that involved money. He didn’t drill it but I cr...
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Hi,I live in Texas and it gets HOT here... I have yearly maintenance done on all A/C units to ensure they are working properly. When an A/C unit stops working tenants will make this an urgent emergency. My A/C guy i...