Account Closed
Can I reject an applicants request to withdraw their withdrawal?
Lol no this is not a riddle. I actually had an applicant that was going through the screening process with the HOA of my community request to withdraw the lease agreement. The applicant did not want to wait any long...
Brian Bradley
Separate Your Children Or Assume All Risk
The fact is that not all LLCs are the same. Some are just better for asset protection then others. The best LLC structure is the Series LLC. Like any good parent, we want to protect our children. This is accomplishe...
Ashley Roush
Applicant has no social or driver's license number
We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....
Richard Warren
Fed reduces 2009 outlook
Federal Reserve reduced its economic outlook for 2009.
The central bank said it expects some business conditions to improve in coming months, but it also lowered its assessment of the economy for the full year and sa...
Sam Albury
What to do when the seller refuses to leave the home post closing
https://www.foxla.com/news/couple-buys-riverside-dream-home-but-seller-refuses-to-move-out-in-eviction-moratorium-loophole
William C.
HVAC broke a year after I sold, Buyer wants me to pay?
Long story short, we popped the top on a rancher, and rebuilt the home from the ground up. The GC hired a professional HVAC that he works with on all projects to install the HVAC. The day after settlement the buyers...
Jason Hartman
Have you had any experience with National Real Estate Insurance Group (NREIG)/Affinity Group Management?
We like the idea that this company caters/markets to investors; however, they denied one of our client's seemingly legit claims and it seems they trying to deny another one on a technicality. The second claim remai...
Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
Victoria C.
Tenant is subletting on AirBnb, what should I do?
I just found out my tenant is AirBnBing my house. What should I do? I somewhat like the fact that they are keeping the house clean and there is less wear and tear, kitchen use, etc. The host has been getting good rev...
Tim Johnson
Keeping the druggie money
Hi BP!My wife and I purchased an 18 unit multifamily in December. The building is full of mostly great people, but there was one fellow that always smelled like pot. We talked to him about it but the odors continued...