(No replies in the Landlord/Tenant forum. Trying here instead.)Hi BP Community,Have a question regarding creating an LLC (or other form of business) to "manage" my rental unit (currently just one, may be 2 in the near...
How would you handle this situation: My Tenants own a commercial cleaning company. They have been in since Oct 2019, always pay on time, no issues there. However, I was at the house yesterday to inspect an issue they...
Hi everyone, I came across a 6 unit MFH. Asking is 54k, my contractor said it would be 80-120k to completely update the property (it is vacant, mostly cosmetic but still run down). The property would gross 3-3500 a m...
Hi All - Thanks in advance for any suggestions / insights / recommendations.
My partner and I have crunched the numbers and it looks like a good deal to us, would like the greater opinion of the BP community. I plan...
I am curious to know how people feel about renting to college students? That is, a 2/2 or 3/2 at least. The house is close to the university (and there are a hand full in the same neighborhood/street that are for sa...
I just purchased a two unit rental and have been told by other landlords that it’s best to have all the utilities separate so each tenant pays their own, which I agree with. The way this property is set up is there i...
I am looking into buying my first rental property. I've been in contact with a few different people who have companies that provide turnkey properties to investors. This intrigues me as a way to find a stable, positiv...
Just a tip for you all starting out… Don't rent to strippers, hair stylists, bartenders etc… If they are in the cash business, they are uncollectable. You need to find someone with a good job that is not worth leavi...
Hello BP, has anyone had any experience installing rooftop solar panel systems to their rentals and charging tenants for the energy usage in order to increase cash flow? How did this work out for you? If you have not ...