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Hi BP!
As new landlords, we do not have enough experience with the screening process, and would like to get advice from others.
We have a married couple wanting to apply and I am planning to use Cozy to screen them....
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So for if i was doing a triplex living in 1 unit then another unit 2 years each could I take advantage of 4 yrs of 5 yrs moving from one unit to another with the sect 21 cap gains exemption? so 2/5 years in one unit a...
I have a LLC for a rental property do I need to have that LLC name on the property deed? and Do I need to have a separate bank account for each property that I have? I have talk to an accountant and she told me that I...
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Hello all,My LLC owns a commercial building and my business(a separate LLC) leases it. If the city wants to force eminent domain on the building can I file 2 separate claims for compensation?One claim is for the valu...
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I’m looking at purchasing a my first Multifamily apartment 4 unit or 8 unit. One thing I noticed in these older buildings is most time utilities is NOT separated. Therefore, heat, gas and water are ALL paid by landlo...
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Should I be tracking CapEx savings, maintenance, and vacancy set asides individually you property or can the all be lumped together as long as I set it aside each month?
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Good evening everyone,how do I separate utilities when I have an ADU that is rented with a fixed utility price? I am currently living in the main house, but will soon be moving in the upcoming summer due to another pu...
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Hello BP. Need some direction, please. I'm getting ready to enter into a lease for a detached ADU and I'm wondering if I should increase the rent by $100 OR leave the rent as is and charge $100 per month separately fo...
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Hi all,I am currently under contract on a 4 bed 3 bath SFH in the Littleton area (Bowles and Wadsworth to be exact). There are 2 beds/2 baths/1 living room upstairs, and 2 beds/2 bath/1 living room down stairs in the ...
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Hi all, I put an offer of 185K for a house listed at 199K. My plan is to do STR. The house is recently back on the market due to some job issues the last potential owner ran into. The last offer that was accepted wa...