Ariel Lisogorsky
Can a rental lease be under the management company name?
Hi, I'm about to close on a 2 family rental property. Since we're not buying it under an LLC but our own names, I was wondering if ot makes sense to start an LLC for the purpose of managing said property, and have the...
Steve Boianelli
Mice: my problem or the residents?
Hey BP. I'm trying to help out my resident who has mice. I'm on the fence about who is on the hook here? What experience have you all had with this situation? My lease doesn't specify "pest control" but the resident h...
Andre Davis
Sending Tenants to Collections
Hello BP,I have a tenant who I started the eviction process who recently moved out before the court date but left with a substantial balance. I’m wondering if it is worth it to send them to collections? And if so, wha...
Greg K.
Negotiating a specialized deal with a major bank
I know it's quite common that when the owner of a property gives you full permission to negotiate on their behalf, you might find yourself in contact with some person, who is in turn, representing the interests of a m...
Andy Mirza
No Tsunami of Foreclosures this Time
At the beginning of the pandemic, I remember seeing a lot of posts from people regarding an upcoming "tsunami" of foreclosures. Better be ready to take advantage of this opportunity!I had my doubts back then but, the ...
David Rende
Pay myself as a management company to reduce passive income
I'm trying to figure out the best way to reduce my rental income. I considered a sole proprietorship management company but it just seemed that that wouldn't be legit - maybe it would but I wasn't sure. My other thoug...
Anthony Freeman
Repair and Maintenance budget
What percentage of monthly income do you budget for repairs? (Small multi unit family)
Chad U.
Code Violation Liens in Florida
Hi BP,Here is my dilemma, I won an Auction.com property which states they will be providing a SWD and insurable title, yet the addendum supplied by the bank in the purchase agreement states: "BUYER UNDERSTANDS AND ACK...
Brian Gibbons
Imputed Interest from the IRS - What is that?
I bet if you asked 100 people on Bigger Pockets the would not be able to define "imputed interest".
I am thankful to @Bill Gulley to motivate and to write about "imputed interest" re: seller financing.
...
Mike Franco
how much maintenance do you do yourself?
Over the years, I've had to hire and fire a bunch of gardeners.They all ended up getting lazy and not showing up eventually. The last gardener, despite telling him not to, would scalp my tall fescue grass during the h...