I have been told that the common areas such as the hallways, stair cases, any outdoor lighting have to be put on a separate meter when renting out a multifamily home. I am new to the business, how true is this?

Hello, hoping for some advice here! I’m only three years into landlording, and for the first time, I have a tenant asking for my consent to sublet or assign the lease.There are others on the lease with them, and the c...

How are tenant property improvements handled???

Example.
Tenant installed laminate flooring.
Tenant installed new exterior door.
Tenant installed fence on the property.
Floor to ceiling mirrors glued to drywall...

I have several LLCs (holding company that owns LLCs in states where I currently have rental properties).  I'm struggling with and have not found any good guidance on how to best keep minutes for my LLCs.  Wondering if...

I’m not sure If I need a workers comp insurance plan or certificate of consent to self-insure considering the only individual who will be working in the house is the cleaning crew, who would be considered an independe...

Hello all,

I'm about to submit an offer on a duplex in Montana (I live in Boise Idaho). Anyway, I just received all the offer paperwork for me to initial/sign. I saw that my buying agent and the listing age...

Do all tenants going on the lease need apply and meet qualification standards?

I am evaluating a property with 6 rent stabilized units in the Bronx. The upside is in potentially raising rents and I'm wondering if anyone has done this. Based on my research (http://www.nyshcr.org/Rent/factsheets/o...

Hey there... I am trying to head off a potential family meltdown and hoping someone can give me some good advice. My parents personally own a piece of commercial property in Orlando FL and they also own the business t...

I put a bid on a foreclosed property and purchased it 4 months ago. What I found post purchase was an IRS tax lien on the property for $22 000. After doing further research, I found out that the IRS had not been notif...