Ken Nyczaj
Self Manage- no liability protection under LLC?
From what I've read on prior posts it seems many have the opinion of by self-managing your rental properties, you will not gain any liability protection by owning the asset and performing the property management under...
Waldo Kohl
On Premises and not in occupied tenants apartments
Hi,
I own a building in Philadelphia. Do I legally need to give tenants 24 hr notice to any tenants existing tenants that I will be on the premises (i.e., NOT IN ANY OCCUPIED APARTMENTS). One of my existing tenants ...
Natalia Avalos
Turn-key property... how picky to be with inspection findings?
Hi BP friends,Ok, so I've been under contract with a turn-key property and just had the inspection completed. About 10 things came back and the seller has agreed to fix about half of them... noting that the others are...
Cameron Johansson
Adding Solar pros and cons so far
Hey everyone!!I am adding solar to my home for a few reasons. 1. To get away from the corrupt company called FPL who now runs the areas power.2. To add value to my home 3. To prevent lose of power if a hurricane or an...
Helen Lowery
sagging beam in bedroom
Hello BP community. I have a 3bdr 1 bath under a lease with an option to buy. The price is locked in at $85,000. The property needs new floors and drywall. Once its fixed up I plan to hold it and rent for $1100 (m...
Gaspare U.
Here's $700k. How would you rehab this property?
Trying to get some insight by some of the great value add developers here. Let's assume you just purchased a 100 unit class C in a class B/C area. How would you allocate the $7k per unit to increase rents? Let's assum...
Jay Shah
Seller not providing a CO - is that a red flag?
Hi everyone,Looking to put in an all cash offer on a SFH in Bethleham (Lehigh Valley) but the seller is not providing a CO. I am hoping the inspection will tell me if there are any bigger issues but is there anything ...
Kaiden Foster
Mentally Unstable Tenant
I've got an older gentleman who is my tenant in Anchorage. He has recently begun hallucinating and believes one of his housemates is holding him prisoner in his own apartment, forcing him to take drugs, and says a gir...
Travis Andres
Security/video doorbell at MTR & STR
We are about to close on our first rental property that we are looking to MTR and curious to know what everyone else does about security, video doorbells, etc. for their properties.Specifically, when it comes to havin...
Collin Hays
A quick reminder about insurance for your vacation rental
If you are a new investor, make certain that you have a commercial policy specifically for overnight rentals. A standard landlord policy, or homeowners policy, will likely not cover you if you have a claim.
Claims d...