Rebecca Shine
Intra-Tenant Laundry Dispute
Hello!
I was hoping for some advice. I have a multi-family property in which each unit has their own set of washers and dryers, but both sets are located in the basement - a common area. The tenant from one of my u...
David Sisson
How to deal with expenses paid out of pocket?
Hi, I'm a new owner of a distressed commercial property. The property is owned by a LLC. I own the LLC outright. I've set up a separate bank account for the LLC, and am tracking all expenses through quickbooks.I've be...
Emily Gilson
Can landlords charge for carpet cleaning?
We currently only have one rental property. When we first bought it we had the lease written up by a lawyer and it included that the tenant had to professionally clean the carpets when they moved out. We are now getti...
Derek Petersen
Do you have what it takes to be self-directed?
Do you have what it takes to be “Self-Directed” ?
This blog comes to you today from: My backyard! See photo at the end. Fully sponsored by me.
Part 1
A large majority of people should have their retirement fu...
Philip Bourdon
Mobile Home Sale - How Best to Arrange Financing Terms
Hi.
I had my first prospective buyers look at the MH that I just picked up for $2750. One is a engaged couple that is not in a great hurry and whose Dad would help out to pay cash (and whose Dad may also look the pla...
Tyrone Reed
Advice needed about strategy for opening sober living homes...
Complete noob here, so please be gentle. :-)I am in the process of setting up a 501 (c) 3 (paperwork has been filed...just waiting for IRS to do its thing) that will operate sober living homes for those in recovery wh...
Jose Belman
Building Credit for your LLC
Does anybody have any experience how your LLC can obtain credit in order to apply for credit cards? I understand the sole manager can apply but how about the LLC/entity . Thank you
David Korchak
Missed appraiser fee - who should pay
Hey BP community I have a situation, that I need advice on. We are doing a cash out refinance on a property and our property manager scheduled an appraiser visit with the tenant who choose the date and time for the ap...
AJ Wong
NAR Rules: Less transparency for investors and brokers & what nobody is talking about
Let's be very clear: The NAR Settlement is a cluster 🦆 for investors and brokers alike. For brevity's sake, I understand the merit of seller's not paying professionals to negotiate against them and I am a proponent of...
Victoria S.
Good CoC but inherenting bad tenants
Guys I need some advice. I am under contract for a 4plex. CoC (taking into account vacancy/cap ex and maintenance) is 16%. It is a class B or C. Schools are 9 and 10s.One out of the 4 units is being renovated and we w...