Kyle Meyers
Are unpaid utilities only a lien if they are city owned?
All the utility bills for my properties are paid by the tenants, I want to make sure that if they stop paying them I won't be on the line for the bill, or at least I will be prepared and check the status. I can't find...
Lucky Tran
Amount to reimburse tenant before becoming a pushover?
Hi all,Thanks again to the BP community answering my questions in the past.Yet again, I find myself in a situation in which I can turn to you guys for advice/opinions.A tenant was late on paying rent and paid in full ...
Travis M.
A rezoning, and then a sale without mention of the rezoning
Hi all,I found a piece of property in a nice SFR neighborhood, which was just listed for sale. In exploring zoning, I noticed the owner just (this year) had an ordinance approved, rezoning the property to a PUD, which...
Account Closed
HUD Homestore Accepted Our Bid - Now What?
Hi Everyone - I was notified today that HUD accepted our bid. When we looked at the property, it was clearly winterized and documented as such. I noticed the pipes were intentionally disconnected at the meter and ot...
Travis Bauman
To Coin, or to Not to Coin. That is the Question
To Coin, or to Not to Coin. That is the Question
I am new to being a Landlord. I took Over a 7 unit building. All One bedroom units with no washer or dryer hookup. In the back of the building there is room to put...
Derek Johnson
My first tenants?! Advice and guidance please!
We're currently trying to rent out our first property. We are asking $900/mo + utilities, and have two interested roommates. They don't want to lease until May 1, but we are signing it Friday. I have a few questions.
...
Sophie Mia
Agreeing to buying foreclosed house before inspection?
Hi everyone,
I'm in the process of buying a triplex (foreclosure). It looks like it's in very good condition and should be move-in ready. I will be using FHA Financing.
The problem is that the bank gave...
Pete Storseth
Found a ideal property for house hacking, what next
So I found a property with 3 units. 375k asking price, looks remodeled.Listed for sale on many site, as well as for rent. I assume the owner, lives locally, wants to sell.I have her name and address from Appraisal dis...
Tom Chen
LLCs and bank accounts
Hi everyone!So there are two schools of thought with regards to both LLCs and bank accounts.Some people say an LLC per property, some people say a bank account per property...What about having multiple LLCs, but one m...
Sajeev A.
Converting a room in primary residence into a rental
So, I was originally thinking of selling the home and downsizing to a smaller home. We have reasonable equity which could be used to pay down the next home. The issue was location. We're so used to this and anywhere e...