I have a PM who is unable to collect rent from the tenant. For last 6 months the rent has been delayed by a minimum of 7 days. When I ask my PM all he tells me is that he has communicated to tenant but they are not re...
Good morning BP universe!I recently purchased a pair of 4 families in the St. Louis county area, and I am a total virgin when it comes to this. I want to sub meter each unit's water, so I would non longer have to bear...
I have a situation that I am in need of help. I want all opinions. Can you please tell me what your thoughts are on my situation? This is my deal and I am not working on it for a client. I'm in need of verbiage for a ...
Help me out here BP members. A number of my buildings are 100 years old, you enter through a common door to a common area that accesses 3-4 apartments typically on different floors with 1 or 2 per floor. Part of upgra...
I just spoke with a local real estate lawyer (Washington State) about setting up an LLC for buying rental properties. I have yet to buy my first property, and I was advised to form an LLC before doing so to protect my...
I was wondering if I could start an LLC with my self directed IRA. I was considering purchasing property with the LLC and loaning money to purchase property in the LLC. Does anyone know if this can be done? If so d...
I started a brief discussion of this in the BP Pro area, but wanted to get everyone's take on this. Bit of an unconventional project that I am seeking to jv with someone. Interested to hear your feedback. Brief specs ...
I have a rule In my buildings that Nothing is allowed in hallways, all tenants are compliant. one tenant recently started puuting out stuff, her mop and bucket, big kids bike etc. I have asked her please not to keep i...
Hi All,My husband and I are planning on breaking into the RE investment business with our first SFH purchase in the coming months. We're currently searching for the right house to get started in, but could use legal a...
Does anyone have any experience with this? What does the permitting process look like? I've done this once before in Lubbock, Texas for an Airbnb on my own property but was ultimately told by the city I could not Airb...