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What is the legality in Colorado Springs, CO of asking a tenant to purchase lawn care equipment (lawn mower, weed trimmer, rakes etc) to care for the owner's lawn? The lease agreement says: "Tenants are responsible fo...
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I am thinking of selling a 3 family investment property. Can I save commission by not using a Selling Agent or is it better to have one?If I don't have one do I save or does buying agent profit more?
I am looking for legal advice how to break a contract agreement with a property management company that is not performing. I have a one year contract with a property management company and want to end the contract 6 m...
I'm just getting starting in real estate investing, have one property that nets roughly $2k every month. The tax shelter is one of the things I like about real estate (since I have a day job as well). And before goi...
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Having a hard time making the decision on putting a new STR into an LLC or just getting an Umbrella policy. In NC it costs about $450 a year in fees for the LLC (Annual Report and Franchise Fee). I currently pay a C...
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Hi all,I am just getting started and am ready to get some properties under my belt. I am a little unsure of what direction I want to head. Could you please tell me the pro's and cons of flipping vs. renting? How to...
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Dear BP,After months of stories and email exchanges, my tenant has offered to move by thanksgiving. She has been no-paying since May, due to various reasons. What is the shortest time i can ask her to vacate by? Any a...
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I am in the process of closing on a duplex with both units occupied. I am moving into one unit (currently on a month to month lease) and need to ask the current tenant to move out. Is there a specific way to handle th...
Hello BP family, I came across an interesting deal. I found a house that has people who are behind on mortgage and in pre foreclosure. The owner cannot pay due to having a stroke and wants to sell or have someone tak...
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Hey all, I have posted a pay or quit notice about two weeks ago and tenant has 0 money for anything. Does anyone change locks? I know its not legal but tenant has no money and won't leave. What is the next step, first...