I just purchased a triplex in Chelsea (East Boston area). My plan now is to slowly update the units and improve the quality of the tenant base. 2 of the units are occupied, I'll be updating kitchen and bathroom in the...

Hi there, I'm working on setting up a private money deal (I'm the deal provider, they are the cash provider). If I have 2 lenders contributing funds to purchase 1 property, what will the mortgage security document loo...

Hello, was just wondering what everyone uses to hold security deposits for vacation rentals when not using Airbnb, Vrbo, expedia etc. is there a platform everyone uses? We are new to the short-term rentals and was jus...

I have a past tenant of mine, who filled a claim for unreturned security deposit. Below is the situationShe broke the lease before the 1 year term. She violated the lease by having pets and when i enquired she was not...

Landlords in Pennsylvania must provide tenants with a written list of claimed damages within 30 days from the lease termination. Failure to meet this deadline results in the forfeiture of the landlord's right to use t...

Hello BP'ers, I read an article by Alan Cowgill about how if you're gonna use a private lender for your project, you need a disclosure statement..He said in the disclosure you have to put that there's a risk invol...

Hello,

I got back a credit and background check for a potential renter via smartmove. Here is the feedback I got on the credit check (credit score itself was excellent and credit score was high):

Address submitted h...

Hello friends!I am about to sign my first lease with tenants in NJ and they are giving me 1.5 security deposit.Question - is there a law that I must follow where the tenant's security deposit must be placed into a sep...

I have a tenant who is past due on a bill that is in my name, the lease agreement states the tenant will pay this bill (water). In the county the property is located this is the only bill I have to have in my name. Th...

Hey BP,
I am purchasing a duplex with closing in 3 weeks and I plan on doing a full rehab but need the tenants out asap. I obviously can not evict them during this time but would be more than willing to pay 1 months ...