Andy N.
How many checking accounts for your property?
I have a 48 unit property. I currently have two checking accounts. One is an operating account and the other is for deposits. I was curious how other operators manage cap ex reserves. Do you have these in a separa...
Account Closed
Main Sewer Line: What Would You Do?
Greetings Everyone,I wanted to post about a recent challenge I had with a main sewer line – 100 year old house, PVC pipes inside -> terra cotta outside. The tenants notified me that an overflow occurred at the out...
Mark David
Questions for an Expert Property Manager in LA
The perfect tenant for years...and then, WHAMMO...they turn on you like a pitbull. Your professional input would be appreciated.1) The flooring in the kitchen is cracking. Instead of repairing the damage, I offered to...
Matthew Roberts
Expenses for Multi-Family Properties
Is there a resource on BP with a list of all the expenses a multi-family owner can expect? Taxes, all the different insurance types, maintenance, etc... I have what I think to be at least 95% of the expenses covered, ...
Aaron L Rohlin
Start an LLC in the state you invest in or the state you live in?
Hello,I'm just getting started investing in real estate and have a tax/legal question that I'm sure everyone is going to say "contact a good CPA and/or attorney". I have emails out to both but haven't had much luck g...
Austin Henry
Live-In Contractor/Builder for Rental Property
Hello real estate gurus!
I recently had something of an 'Aha moment' about a method of real estate investing/rehab that I have not heard of before but figured someone here may have experience with. As a builder curre...
Jorge Pla
LLCs and How the come into play for a Beginner Investor.
I am 21 years old and have been building credit for a while now, I am now preparing to purchase my first rental property, however I was considering opening an LLC, not so much for the liability protection but for the ...
Andrea Bailey
Required to put my tenants up in a hotel??
Our tenants just moved in to a fully renovated B+ property and during the renovation the gas hot water heater was jarred loose and unknown to us started leaking. When they started using a lot of hot water (shower, lau...
AJ Wong
How to manage remote remodels or reconstruction?
Having lived in some fairly remote and rural area and currently working on transforming a rental in a foreign land and foreign language I thought I share some of my experiences, results and advice when it comes to try...
Karah Kramer
Buy a Disney area STR with existing bookings
My husband and I are looking to buy in the Disney area (currently looking at Windsor Hills, Championsgate, Solara etc.), and noticed that many of the listings say that existing bookings convey, if we stay with the exi...