Mel Hayes
Moving to electronic rent collection
Hi all,First I have to say, finding this Forum has been a life changing experience for me and I'm just so excited so my apologies if I'm asking lots of questions. I inherited a tenant who has been getting their rent ...
John Heasley
Should I take a pay cut now to potentially earn more later?
Hello BP! Full disclaimer--I'm borrowing a friend's account as I'm discussing a job switch, and I don't want this information floating around the internet with my real name on it in the event that someone from my curr...
Morgan Gruelle
how do you track expenses you pay cash for?
I am wondering how I can account for cash expenses. I have a rental property that I did not have time to paint so I paid a friend cash to paint the rooms over the coarse of a few days. I am wondering how can I track t...
Nick Atwood
Neighbor Asking for Easement
I've got a neighbor selling his single family house, and he uses my driveway (multifamily units) to go up and park his cars on his property since his original driveway off the Main Street he tore out and built a deck....
Aaron Gorum
Contractor didn’t do a good job
We just finished a kitchen renovation around Newport RI and we aren’t happy with the quality of work provided. First, the contractor ran way over timeline. I didn’t have a penalty for that because I thought a simple k...
Chad Bourque
1st STR Under Contract -- Direction Please?
Hi all,Our offer was just accepted for a condo on the beach in Miramar Beach, FL! This is our first foray into REI aside from our primary home (which while it technically is, I guess, I don't really consider REI). My ...
Mike Gennaro
Starting an RV Park: How much is an on site sewage treatment plant?
Hey there BP community,
I'm obtaining quotes to develop an RV park, and I want to know how much should we expect to pay for an on site sewage treatment plant.
Has anyone gone through this before with mo...
Cheryl Crockett
2nd Hand Marijuana Smoke where Pot/Weed is Legal
This question was inspired by the discussion entitled "Caught Tenant Smoking Weed" started by @Faisal Farnas. As marijuana becomes legal in more U.S. states, many landlords and homeowners will find themselves facing t...
Kevin Alvarado
What do investors do when they have multiple properties? Multiple LLCs?
What do investors do when they have multiple properties? For example, 15 different properties for rentals. Do they just create 15 different LLCs? For fix and flip, that would be a separate LLC too? Any clarification w...
Jay Y.
Sharing equity with tenants?
Hi all,Just thinking out loud here but would anyone of you consider sharing some equity with your tenants? I'm coming from the angle that I'm a lazy landlord who doesn't want to deal with maintenance calls and I hate...