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Would you guys agree to extend tenants' lease by six weeks (until early July), knowing this makes you miss the peak rental season in this specific area? And knowing that in this case you'd be marketing your property a...
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Greetings Gentle Readers!Typically when a property owner or manager needs a laundry proposal they contact a laundry company and ask for a “proposal” without giving the operator, specific, if any guidelines in which th...
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I own a 5 unit apartment building in Berkeley, CA. A long term tenant wants to play the role of onsite manager. She claims that the laundry room and trash cans needs upkeep.She offered this service to get some discoun...
Hi BP community, I'm starting to acquire investors to buy rentals with me. My question to you is, what are some methods to figuring out how much of the profits go to the investors? I understand how dividends work in a...
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So, say I got ahold of a tape, and filtered it down by my criteria that I want out of a note. When do you do what parts of your due diligence?It seems as the DD is AFTER you make a bid on a note, while you have a wind...
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I own 5 units. 1.Do I need to keep each individual security deposit in a separate checking account?2.3 of the units are in a 3 flat. Can I keep those together in one checking account?"Intermingling funds" makes this c...
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Hey all, was wondering what everyone's thoughts and/or experience has been with these free property and landlord management softwares. I'm a little hesitant and feel like there is a catch given that they are free, su...
HELP! We have looked at this house for over three months and had contractors in it for repair estimates. Went on the market 11/14. Listed for 239k, tax appraisal is 402k. Keep in mind the house is gutted, down to st...
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Awesome forum, lots of usefull resources, opinions and great advices. I am from Los Angeles, Cali, at the moment not looking to invest in a 500k dump here in LA, but looking to invest out of state, either in Upstate N...
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How do you guys currently manage your maintenance requests as they come in? How often do your tenants reach out about issues? Is there any specific part of the system that you have streamlined really efficiently?