Hello,This spring one of my townhouses got water damage on the east wall and floor. Plummer’s searched for a day and a half finding the leak coming from the adjoining property that I don’t own. $11,000.00 in damages. ...

HI BPers,    Wanted to get some feedback on how you manage the Common Area Cleaning? We purchased the property in spring, so the lawncare company was doing the work, when they took care of the lawn. I am not very happ...

Sold a property (proceeds with Qual. Interm.) & have a new property to buy. Formed a new 2 member LLC to acquire & hold new property, but accountant says it needs to be Tenants in Common. Can you do a 1031 exc...

I had always been told I own studs in on my condos and the HOA was responsible for insuring buildings. I just got a notice from one of my HOA's that they don't purchase flood insurance on the buildings due to cost, I ...

Is it common for the property management company to request that they be listed as additional insured on the insurance policy for a small multifamily property (4 units)?

Hi - I have one rental property. It is a townhouse that shares walls with three other units. The neighbor just placed a note on my renter's door stating that they are starting termite treatment on a shared wall. My re...

About to list a multi family that is in a trust and the plan is to 1031 into a bigger property out of state. Now of course my family can go straight on our own with the proceeds into a property BUT can we also go into...

I think I posted in the wrong category before so reposting here...Hello BP, I am currently in a partnership with 5 members on a mobile home park located in CA. The ownership is organized as an LLC. Preparing for the f...

Have you ever had to deal with another landlord who is a slumlord?I am in a small condo building and my unit A is adjacent to another unit B.  I rent out unit A and the other owner rents out unit B.  I maintain unit A...

Trying to get my head wrapped around the "line of credit" on a rental property. I found a bank that would do a LOC on a paid for rental property. My thought was to have a LOC just as "available" funds vs cash out refi...