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Looking to purchase 6 units. It is (2) 3 unit residential units. 120k cost. Approx $12k/yr taxes and water/sewer. All utilities paid by tenants except water/sewer. Currently all units rented with Long term tenants wit...
Recently pur hased our first rental.How do you properly move a property into a LLC without triggering a "due on sale" clause or creating other unintended consequences?I am talking with an attorney tomorrow but how ha...
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Hi Folks,I was hoping not to have to write an new post about forming an LLC as there are tons of them on BP, but after reading through so many forum posts and reading articles on both BP and other websites, I'm more s...
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What would you do? How do I get this tenant out?Four unit property, with one unit housing an elderly hoarder with a bad back.His official lease has been done for more than a year, so he's been month-to-month for more ...
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This decision out of NY illustrates one of the types of baseless claims made under a title insurance policy. I'm surprised the Court didn't sanction Plaintiff's counsel for filing a spurious suit. I wouldn't be surp...
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I need help deciding on something I have $50,000 and was wanting to use it for a rental property but I live on 5 acres with a mobile home and there is a builder I could use on a $114,000 stick built home and get the e...
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One of the best examples I found this year as to why you need a property manager (especially in Colorado). This client chose not to use our services and instead, tried to self-manage their primary. This was the very f...
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If I end up renting my primary residence, what should I do with the above ground pool? What kind of liability will I have? Will some type of waiver signed with the lease cover me? Do I need to check with the insuran...
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Is it usually a good idea to hold a portfolio of rental properties during your retirement, or is it smarter to move into safer assets, like bonds? If you are holding rentals during retirement, aren't you risking a pot...
I currently have a military tenant staying in a rental condo that I own in CA. The tenant is only three months into her one-year lease and just gave me her 30 days notice to vacate, due to an upcoming deployment, whic...