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We had a cold spell last week. I get a text Sunday night from a tenant that the radiator pipe is broken (4 days after the cold spell ended). What I know is that she ran the propane tank empty and did not get it re...
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Hi BP members!We recently have refinanced to go into real estate investing, as we had a very large amount of equity and wanted to hopefully speed up our path to retirement.After discussing multi-families and placing o...
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I was listening to the Money Podcast, Finance-Friday edition earlier this week. @ScottTrench mentioned having adequate amounts in reserve for a rental property. I close on my first property on Wednesday the 17th. The ...
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I am in Connecticut and interested in novel ways landlords have figured out how to navigate around the variety of tenant friendly laws?
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When protecting your assets, build a castle not a fence. You’ve made the effort to make your money, now keep it. You’ve built a fence to protect your assets by using an LLC, now learn how using the awesome power of Ir...
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Good day, BP members!My wife and I have started the process of reading everything in sight on BP, listening to forums, reading books, analyzing potential deals.. we're about 3-4 weeks into this process, so we're still...
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Minneapolis is proposing to not allow landlords to use credit score as a factor for screening tenants. Evictions older than 3 years and felonies over 5 years cannot be used to disqualify candidates either. I'm a new...
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- Hired a property management company in May 2011 to manage my rental property- Typical management agreement between me and the company, included clauses saying that 1) they would collect a deposit equal to one month'...
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I took the leap and bought two rental properties (4 units each) over the last year. I have made a lot of mistakes so far, and I know that, and I can't go back and change it - but I'm writing this now because I don't ...
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I sent out 500 letters in my town, and another 100 elsewhere on the island I live on, it's Cape Cod, a very popular vacation area. We have a lot of snobby old people, and lot's of property stays within the family. A s...