Okay so I used to be pretty smart. Or so I thought. But it's been a while since I've done anything remotely "active" in the property investment world. I have been renting out a few places as a sole proprietor that jus...
I'm looking into buying a portfolio of duplexes and when I asked what the PM fee was, the owner told me that the PM keeps the security deposits as her compensation instead of charging him a monthly fee. He also said s...
I have tenants who just signed a year lease as of March 1st. Now they bought a house and are moving out after only 3 months. I specifically state in my lease in bold that "if the lease is broken for any reason (this...
Hi folks,I have a question for you seasoned landlords. We recently bought an apartment building that is zoned by the city as a 4 unit dwelling. The previous landlord put in a 5th unit in the basement with no windows (...
We're considering putting up 4-5 cameras interior and exterior for our rectangular shaped apartment. It's 3 stories, with 12 units in Kansas City MO.
Right now we are in the middle of stabilizing this complex and th...
The tenants want to install security system with smart thermostat adapter and one main keypad? How should I handle this?
Should I say yes under the condition that the system needs to stay when the tenants move out?
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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...
Hi BP Family,So I just closed on my first multi unit deal with two tenants in place, one of the tenants has been there for a long time and the previous owner never took security and last from them. They are on a mont...
What happens if the landlord is late past 30 days on returning your security deposit? It’s 31 days now
Question:Do you use a smart lock to monitor access to shared spaces or utility areas of the property to avoid persistent use but allow access by tenants?Background:I am in Chelsea, MA and in the process of moving into...