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Searched the forums, but couldn't really find an answer to my questions about setting up the accounting around a holding company.I currently have 10 rental properties / 10 LLCs. I have a holding company created and w...
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Hi BP community. Wanted to put up a question to get some suggestions from landlords who might have gone through a similar situation. I am dealing with a non paying tenant in Massachusetts.She is a single mom who mov...
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First time in 3 years we have had to file a claim with over 150 airbnb stays. Guest left all windows and door open in our cabin in -15 degree weather when they left causing a frozen pipe. Left the place destroyed and ...
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Hi BP Friends, I bought my first rental in San Antonio, TX on 12/31/20. Tenant moved in to start 2 year lease on 3/28/19. Within one week, the plumbing fixtures (toilets, shower, jacuzzi bath, combo shower/tub) backed...
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About to start first rehab. I wanted to know as an owner when I pay a individual to do work is that different than when I pay a company to do work. Should I have contracts for all jobs being performed or is it okay t...
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I am having a tenant issue that I could use advice on. I have a large house that I am renting to 3 adults and a couple of kids. There has been some sort of domestic dispute and the two women have told me that they do ...
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Let's say a possible tenant found your home or apartment for rent and you did a background check on them and it comes back squeeky clean but you find out that they have legal problems such as divorce or they did an un...
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Hi BP fam -
Earlier this year, I jumped on this out of state investing bandwagon and got a an off market deal. It is a SFH which was going to be a long term hold for me and a couple of partners. Here are the details...
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Hi Fellows,i have a new tenant, she works for adult care facility. From day one she is trying to trying to make up things to get free rent by giving empty threats. Following is sequence of events:1. Tenant moved in 68...
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My wife was briefly furloughed (as a doctor) and we were concerned about Rental income at a short-Term stay property (we own three single family homes, including our primary). Turns out we made a lot of money during t...