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Hello!My wife has requested that we have standard operating procedures. I am currently writing them out. I have tenant move in/move out, maintenance, tenant screening, rent collection, turning over a rental, tax time....
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Hi All,My 61-year old father recently signed a lease with a 40-year-old Russian woman who had recently moved to America on a tourist visa and started working illegally ((he did not find this out at the time). She move...
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Ex: A line I use very often is "If I can pay cash and close in a week what's the best you can do"?
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So I finally did it; I just closed on my first four unit last week! I'm going to be house hacking and am so excited and eager to get going on the business side of things. But I have a question that I was hoping to get...
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I am thinking of hiring a property manager company again. But all the contracts I have seem to make them free of liability for any mistakes of their handymen, managers, ect. This is of concern for me because I have se...
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My scenario is a parent and child own a PA property, but live in another state. Both list it for sale in the MLS in November 2019. Parent passes away a couple weeks later. I offer on the property and offer is accep...
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This was my third deal after the house hack last year, and the flip I sold earlier this year. This one was another great learning experience. I'm a firm believer that your first few deals probably won't make you rich ...
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Dear BP freinds we have a upstairs and downstairs duplex and the situation is a mixture of lease termination and bug issue. Both units were rented out last May. Our lease says After the first 10 days of the Term, Tena...
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Hey,Thought I’d reach out to this community to get your perspective particularly on the numbers that may differ from what I have just to ensure I have the right “capture”.Brief background: I bought a foreclosed proper...
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I have a small commercial building in San Antonio. The people have not paid for over four months, and I have listen to enough excuses that you would think there was a lollipop drawn on my forehead. The lease is a comm...