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I am newbie in Brooklyn working with a family member who is will have ~$75K after a short sale and Needs to find and move to a duplex in Queens. We need advice on getting this done ASAP as her credit has been damaged ...
I just got into real estate investing 2 mos ago. I'm meeting my 1st seller this week but I don't know how to determine the repair estimate. There is fire damage & the seller doesn't know what the cost is either. H...
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Hello,We purchased a 4-plex in June and all units are occupied. One tenant was on a month to month and the place was filthy and smelled and in dire need of work. We have a PM so we asked them to request the tenant mov...
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There’s a lot of debate about setting up an LLC or just getting a big enough umbrella policy. I’m curious if anyone who has just an umbrella policy has been successfully sued where the umbrella policy wouldn’t cover t...
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Can anyone recommend a collection agency or atty who could assist on collecting past due rent and repairs on the damage done from a former tenant. She was originally in Connecticut, but has moved to New Jersey. She wo...
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Hi all,My tenants is looking to have a roommate move in with her. I am having the new roommate go through the usual application process (background/credit checks, application form). My question revolves around the sec...
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Evaluating an off-market property in AL. We took pictures / videos of the property and there is some mold on the drywall in the garage from a previous water heater leak. They have since replaced the water heater, but ...
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Hi,
I was curious when any of you as landlord have given credit on rent to tenants? Would a situation where an appliance fails and repairs take too long (even though you acted asap to get it repaired) warrant a credi...
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I recently purchased my family home last August 2021. We had made an offer to the listing and were lucky enough to get an acceptance on our offer. We had waived our inspection as the market is hot in our area. Here is...
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Hi BP Fam!
I'm starting to self manage my STR and had a few questions:
1) Should I have my own guest agreement aside from Airbnb/VRBO etc.... guest agreement? If yes, where can I find a template and how/when do I ha...