In the process of purchasing my first flip with two partners whose first flip this will be as well. I was wondering while waiting to close on the house, what do you do to prepare. First thing I will do is make sure ...
I typically focus on land contracts but every now & than I get contacted by motivated people who want to sell there house. I hear a lot of people talking about wholesaling/ owner carry & learn more about it b...
How does commercial underwrites calculate DSCR with no direct way to verify NOI? I want to purchase an off-market, single tenant, and vacant bank building but there is no rent roll. It was originally built by the ban...
My first tenants are leaving after a great 20 months being my customer. My first question is what do you normally do on move-out day? Do you meet them at the property to collect keys? Do you walk through the property ...
I am looking for a legal document to use to allow one of our tenants to terminate her lease early. I looked under the BP Landlord documents but do not see one. Can anyone help with this, we are in Boise, Idaho.
Hello PM's or Landlords!I've been in the industry for 6 years as a PM, Maintenance Director, Vacation Rental Management, etc. in Denver, CO, and Breckenridge, CO. I've always struggled with task management/to-do lists...
Hey everyone,I'm coming up on my first year as a property manager. With the new year rolling around, I'm planning on running an inspection of the property. My family and i goofed our first year and didn't take much pi...
To get to the point, my question is how nit picky do you get when determining how much of the security deposit to return?So I purchased my first 2 family home back in November and gave the first floor tenant until Jan...
Has anyone ever actually "passed" a rental inspection in Taylor Michigan.We are on our 3rd follow up inspection at one of our properties and are starting to think we may never get a CofO from the City of Taylor.We don...
Just curious, do you expect the tenants to clean prior to vacating the property at the end of their lease? And if they don’t, do you charge then a cleaning fee? Obviously if this is expected, it needs to be in the s...