At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...

Hello BP,An owner of multiple units reached out to me and was interested in my property management company. One of his questions was the transition of the properties from his current PMC to mine. From everyone’s exper...

Just had a theft in my duplex rehab! Besides buying fake signs and cameras as deterrents (and making my property entryways more secure), what do you all recommend further? Should I install a security system with a com...

The property is abandoned. I am having a company secure the property tomorrow and change the locks.  Any advice about signage and signs to post?

Hello all, I have a home in Hudson Valley, NY. I have my property listed on Zillow, Airbnb, and Furnished Finders and have been contacted by ALE twice.  I have submitted the screening questions and set my rental at $5...

Hi All,We got an email this morning from a tenant who ran into the water supply main for the building with his car last night.  Water is off on the building now and we have called a plumber and arranged for it to be f...

I looking for some suggestions on security and monitor systems for my rehab projects.Something I can watch from my smartphone that will monitor any break-ins, check(watch) contractors, and video record whos going in a...

I have had this happen many times and I end up paying the cost of the repair/issue since it is caught by the new tenant and the security deposit has already been returned to the old tenant.  Property manager charges 1...

Greetings family.  I would like to know which banking institutions and type of accounts you are using for security deposits that comply with Florida law.I have heard to use an escrow account.  However, I called Chase ...

Recently we've started work on an inner-city house flip. Turns out, this property is a known homeless hangout. We didn't know this at the time of inspection, but since then we have had several run-ins with 2-3 homeles...