Tim Lee
EPA lead requirements running amuck
I recently completed the EPA Certified Renovator Training. Today, I received the Email below. Now, the EPA is not satisfied with the certified renovator. They now want to add another layer of inspection ($$$, delay...
Antonio Evans
BP COMMUNITY IS HARSH but I LOVE IT! HERE IS WHY?
The BP community gave me advice on not getting started in real estate right now and focus on a job and save some capital and travel a little while making as little liabilities as possible. I didn't want to share my ac...
Uri E.
Canceling a lease before tenant's move-in date
Tenant has been making small payments towards the total move-in costs. We are one day before move-in, and tenant is 40% short. Already questioning my judgment and wondering ... if the total move-in costs are not full...
Christy Gilliam
Older homes & lead paint. Should I avoiD?
Hi everyone. I'm a new wholesaler. I was driving a neighborhood the other day looking for vacant homes. When I got home to find who the owners were ( and other data) I found out that all of the homes in this whole ne...
Kyle Neumeier
Finding a job or Internship
I know 2 people well that are in real estate, my Boy Scout leader which manages a team of loan officers and one of my friend's mom which is a loan officer for US Bank. One of my teacher's family and runs a real estate...
Loren Perez
Hazardous tree on neighbors property line.
Have a question and was looking for some direction. I had my property lines survey on a rental property and found out that a tree in the middle of the fence line is actually on my neighbors property and not both of ou...
Jay R.
Using your SMLLC to be your Partner on a New LLC Entity
Hello BP! I have a SMLLC (single member LLC) that is currently setup to be Taxed as an S-Corp. I am the only Manager/Member. I wanted to form a new multi-member LLC Taxed as a Partnership. I understand it is perfe...
Jessica Everitt
Property Manager won't pay back security deposit
I recently fired my pm and requested that he forward the security deposit to me. He has not complied with my request. Neither the Residential Leasing and Property Management Agreement nor the Residential Lease Agree...
Pedro Marquez
3 day notice to vacate
Hello everyone, can I give a three day notice for not paying rent to tenant ? . Even if the contract is between the previous owner not with me? . I have send by certify mail an addendum to the contract istructing wher...
Bienes Raices
Personal checks from tenants
Do I have this right: Only take cash or money order for the security deposit and first month's rent, but then it's okay to accept personal checks from then on?
(This rental is not in a low income area, so I assume mo...