Gwen Erisman
Etiquette for prospective tenants
We have several people interested in one rental. Do you disclose that you will be showing it to others? Do you cancel appointments if someone great comes along before you show it to everyone else?
Nick Roth
Do I need a termination letter for a tenant leaving a lease early?
I have a situation where a tenant is backing out of the lease due to health related issues. They had signed a lease and as they was moving in, found out the home just isn't right for them. I have since then found a ne...
Travis Turnbull
Question about Security Deposits
Hi everyone,
I am a new investor and just recently bought my first investment property in St. Louis and have now approved a renter and am getting close to signing the lease. However I have received a lot of applicant...
Rick Baggenstoss
Tax Deed in Atlanta question
I'm looking into purchasing a Tax Deed(s) in metro Atlanta, Georgia. Tuesday I'll go to bid on a couple of them. My questions are:- When a property is in pre-foreclosure, would you expect the bank to redeem? Early ...
Joe Mclain
Georgia Tax Deed
If I purchase a tax deed in GA, I have to wait 12 months to foreclose. In my county, I see deeds with multiple years of taxes due. If I purchase a tax deed that has 2 years of taxes due, then can I foreclose immedi...
Tony Roddenberry
How to buy property at a tax sale in Georgia
Looking at my local paper I found several properties listed under the "tax sale" portion of the classifieds. I have had people to tell me it takes up to a year to get possession. If you have bought a property through...
Andrew C.
Accounting structure with holding/parent & child LLCs?
Hello. Is there a generally accepted best-practice for handling the accounting for this?
Say I have a holding/parent LLC, which is the single-owner of a few sub-LLCs, each of which owns several properties from the st...
Brandon Boogren
Vacant Property - Quality Tenant applied wanting to move in 2 months from now
In the beginning of 2024 I bought an investment property. After freshening it up and getting it rent-ready, I was able to list it two weeks ago.I've had a decent amount of interest, two open house showings with about ...
Tsering Lhamo
New Investor; Tenant query.
Hi Fellow BP members,I am a new investor and started renting for first time after purchase of my Duplex. I have a property manager. So one of the tenants saw property and we received one month security deposit to hold...
Charlie Gruber
When is a property "officially" reserved for tenant?
I have prospective tenant who has signed a lease but hasn't sent deposit yet. I made the mistake of also signing lease and sending back to them before getting deposit (won't make this mistake again!)I now have someon...