Ken Midgett
Renters Insurance - Require per unit or for each tenant?
I am now requiring tenants to carry renters insurance, and I have only had units occupied by one tenant each. However, I recently approved two unrelated people to live together and they asked if each of them needs to ...
John D.
Potential Triplex deal...trying to minimize my downpayment
Hi all!I found someone that is willing to sell a triplex that is fully occupied. (link to deal specs below) The asking price was $185K, I countered with $145K because that was what I felt comfortable with looking at t...
Bryan Chuchta
Wholesale documents in NC
Im new to wholesale and Im not sure what contract(s) I should use for my deals. Are there other documents I will need once the deal is struck? Ive sent out my first mailer and am hopeful, but I also want to make su...
Leon Lee
Is holding deposit necessary?
Dear BPers
After I reviewed prospective tenants' applications and decide to work with them, what is the most logical next step? Signing the contract with tenant and ask tenants to pay the deposit, so that I can take ...
Grant Rake
Preferred Hot Tub Size for 5 BR Cabin
I am in the market to purchase a hot tub for a 5 bedroom cabin. I am new to the short term rental hosting game but was curious if the 5-6 person size would be the most logical for this size of cabin.I appreciate any i...
Jon Klaus
Lease guarantor addendum
Anyone care to share theirs? For a tenant that doesn't have enough income, but who's parent is willing to supplement and guarantee?
Kenny Simpson
What passed @ the recent City of San Diego Tenant Protection ordinance meeting
This is scheduled to go before the City Council for a second reading on May 16 and then the Mayor will sign it into law. We estimate it becomes effective around June 16.
Highlights (all page number references relate...
John Lupo
I would like to 1031 my half of properties but brother wants to keep properties as is
We currently own a small portfolio of properties. I would like to 1031 my half or sell the properties, If brother does not want to sell what can be done. We are currently updating the operating agreements, I think...
Ken Austin
Self-Directed IRA: Operating Agreement
I'm in the process of establishing an SDIRA, which will hold 100% of the member interests of a to-be-formed LLC. Does anyone have a sample "IRA LLC" operating agreement (or web link to an op agreement) which you woul...
Jason A.
from oil to nat gas: how to manage tenant expectations
Hi all,Recently purchased a multi and one of the first projects I’m planning is converting the property from oil to nat gas heating (there is nat gas going to the house already for water heaters).At current, I cover t...