Hi Friends! I sure could use a piece of smart advice right now. I have a rather nuanced problem. Our home is a two-family, and we have a beautiful one-bedroom apartment at the side, where we have rented to a timely pa...
- How do you handle your security deposit? Do you use it for fixing the damages during the tenants stay? - When the tenant leaves and demands security deposit back, how do you handle this? - In PA, I can hold for up t...
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...
I am dealing with former low-income tenants who have a free lawyer. He was able to get the eviction dismissed because the pay or quit notices were sent to the tenants in one envelope, rather than separate envelopes ad...
Hello BP, I haven't posted in quite some time! I thought it would be interesting if we all shared what our rehabbing/remodeling process looks like. I am currently on my fourth investment property, my strategy is bu...
I do not mean to ask about buying a tax lien, which is different.
My county in PA has first an "upset sale" , in which you are buying the actual property, but any mortgages, liens, etc. are still attatched ....
I have been working toward a buying a house using a Realtor as my Buying Agent. Deal is supposed to close the end of this month January.Summarizing, I made it clear to MY $#@!ing Realtor that I did NOT want my deal t...
I recently closed on my 1st property in Cleveland and it has been a nightmare dealing with the property management company I hired. They haven't been able to rent it out claiming that I am asking for too much rent and...
Hi everybody-I knew this would happen eventually, but this is our first instance of a guest leaving our place a mess. The rate is over $900/night and so we were crossing our fingers that perhaps it wouldn't happen so ...
I have a small house on 18 acres. We have rented it out 5 times with no complaints. In the last 4 years we we have totally renovated it adding a sun room, new HVAC, electrical, plumbing, and refinishing floors, ref...