Scott Klingman
Tellus App. Anyone actually using?
Is anyone using Tellus? It appears to be similar to Cozy, but offers free background and credit checks (no cost to landlord or tenant), and also has a decent android application (cozy does not). I've seen it mention...
Bob Drew
Tenants asking for a lot of items to be fixed
I am a newbie landlord with my first tenants who moved in last week.Today I get an email asking for a list of items to be fixed (from ceiling fan to water heater to hinges on the door). They are asking if they can get...
Barrington Duncan
2nd Foreclosure for a Family Member
One of my family members house haves gone back into foreclosure for the 2nd time . The first time I suggested to file for bankruptcy to stop the foreclosure and it stop it and I got her a lawyer to handle the repayme...
Tim Viviano
LLC and piercing the corporate veil
I am interested in hearing opinions (not legal advice of course) if you have the time to respond. If I purchase a rental in my name, keep the loan for it personally, and deed the property to my LLC does that make it e...
Kevin Cooper
Incorporate LLC in Wyoming Vs Michigan?
Hi BP members,I'm wondering if anyone can provide some real world practical advice on the pros and cons of registering my LLC in Wyoming (for charging order protection) versus registering my LLC in Michigan (my home s...
Frank Cain
Balloon Mortgage
I have a lead on a potential deal where the owner-occupier has a balloon mortgage set to burst in the next few months. I dont know the current rate or the balloon rate. Essentially, the owner has an imperfect cred...
Account Closed
Bulk Scouring Multiple Markets on MLS for Mobile Home Parks?
I believe MLS access is typically for a particular market (or is it whole state?) It happens all too often where a mobile home park is put on the MLS. Usually when they make it on there , they are misplaced themselv...
Suduk N.
Tenant Eviction Filed, Bankruptcy and Collections but 10x Income
I'm renting out a room in a 2 bed/1 bath apartment. An applicant makes 10x income over rent (after monthly debt payment) but has had Eviction Filed, Bankruptcy and a couple of Collections. The person was upfront about...
Geoff Stuhr
Class B Industrial Real Estate
Just wanted to share my perspective as to why we are focusing our efforts on Class B Industrial Real Estate. For those that don't know, class B properties are generally older and have some degree of wear and tear, but...
Jenna Lee
Seattle rent payment (none payment)
Hi I had a problem tenant that didn't pay us rent. We were going to file for an eviction and that made her leave thankfully so we didn't have to formally go through the court etc. Initially my Property manager told me...