Young S.
finding a contractor and keeping them are hard
Every flippers knows there is a dead line when you try to sell a property. There is a crunching time and I won't be all that nice. We all get frustrated. Some contractors can't handle this. Some contractor quit. I ca...
Shirley X.
which application should I pick: a CEO or a section 8 family????
Hi everyone! We need your help with a tough decision. We received two applications on our 3-bedroom apartment from tonight's showing, and my husband and I have different opinions regarding which to pick.One is a 25-ye...
Mark Gibbs
Burnt out house, facing foreclosure-what would you do?
I don't know what forum would be best for this but I am hoping I can get some suggestions here.I have found a parcel with a home that has substantial fire damage. Owner owes somewhere around $115K on the home. Insuran...
Aaron Arnold
Tenant wants to pay the first 2 or 3 months up front
I have a potential tenant who I’ve throughly screened and everything looks good. His credit score, background and income are all verified and qualify him for the unit. He wants to pay the first 2 or 3 months up front....
Byron Scott
Tenant pays too much in rent.
Hey BP,What should I do if a tenant pays two months worth of rent by mistake. They haven't caught it but I've been finding out its better to be proactive than reactive in this business. How do I go about giving the mo...
David H.
Best Payment & Refund Structure for taking Direct Booking 6-9+ months in advance?
Hi.I'm still in my first year as a STR owner, and I'm going to start taking bookings for next spring/summer/fall for our lake house. This past summer (our first season) we had many multi-generational family reunions ...
Jeremy Rusnak
Can you withhold refunds on prepaid rent?
Hi all,I have a tenant who is by most accounts pretty good. He is on a month to month lease, single parent working two jobs which I really respect. He has been late on rent one time which we worked through.When he ...
Daniel Song
Longterm 20 Year land lease for solar energy tax implications
I have land in a foreign country which I'm planning to lease it to the solar developer. It's going to be a 20-year lease which I'll be receiving the payment in advance. This foreign country allows the lessor to pay th...
Kyle Hipp
existing tenant want to pay up rent for the year.
Hi all. I had an existing tenant contact me yesterday to say she would like to pay up rent for the year with her tax return. I have owned the property since October of 2014. It is a 6 unit property that I have been br...
Kasey Destache
Lease Addendum/Agreement for prospective tenant "holding"
Hi BP Fam!
I have a question regarding a prospective tenant with a move in date of June 25th, 2021. I currently have my Los Angeles unit listed on various websites and have a few people looking at the place. The pro...