I have a 3 bedroom single family house I rent out by the room. Originally there was one male tenant in each room. The tenant in the master asked if his girlfriend could move in. The other renters said they were okay w...
I am looking to setup payroll for myself out of my company, call it LLC #1, and LLC #1 is owned by Parent LLC which I am looking into doing an S-Corp Election for. What I am unsure about is if the whole 60-40 rule aro...
A tenant requested their unit be sprayed due to black widow spiders showing up. I would guess this is the landlord's responsibility. As such, do we need approval from all tenants to spray inside/outside? Let's assu...
Hi BP,I purchased an older (circa 1930) multi-unit building in Pennsylvania. I inherited 3 sets of tenants under conditions that were concerning at the sale (i.e. no leases or rental history), but I understood that t...
New member from Green Valley, Illinois. I'm 21 with a fiancé and a child on the way. I'm very motivated to provide for my new family and am currently working two full time jobs with the intent to invest my saved money...
Hello,
I have a property with a tenant that I inherited when I purchased the property..
She is an older woman with adult children that, at one point, moved in with her without notifying me.
We've got that all clean...
Hello, my name is Tinah, from MA and I am a newbie. I am in need of direction in dealing with possible lead in an old property. During inspection I found an infant of about 6 months in the apartment (have yet to see ...
Curious what others think of this new pro-renter ordinance approved in Seattle. Would this make you think twice before investing in Seattle RE?In a nutshell, this ordinance aims to ban "discrimination by landlords a...
Hi,I've got around $1.5 million in equity in a few properties around Denver, Colorado. Without selling, I want to tap into some of it for investing purposes, but I've got the good old favorite DTI hurdle that's preven...
Hello BP! I have a situation I'm not sure how to handle. I have a couple renting my sfh. Last fall they were falling being in rent an having to pay late fees. But since December they have been paying on time. I f...