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Hi BP friends,Ok, so I've been under contract with a turn-key property and just had the inspection completed. About 10 things came back and the seller has agreed to fix about half of them... noting that the others are...
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Hey there!All our policies (personal residence, auto and our rentals) are with Liberty Mutual.We filed a water damage claim at our residence after the flood in our 2 bedroom 1250 sq ft house 1.5 weeks ago, and it's be...
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Background:I have a tenant who has been renting for about 10 months. She is a retired probation officer and currently works part-time with one of local city governments in the traffic court division. When she first ...
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Hi Everyone,I am writing this because I recently came across a potential deal, and am looking for advice. I found a home in Janesville Wisconsin (I live 20 minutes away) that has been converted into a four unit. Thoug...
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Well, not really. But I have been before. Now that I have your attention, I want to talk about your and my liability as property owners and what we can do to limit it.
The first order of business when you acquire...
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One of the apartments I have has a textured ceiling (it was there
when I bought it). The long time tenants who are moving were heaving
smokers. I read in another post advice that said clean with TSP and
then pain...
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Situation normal to start. Really pleasant tenant so I took a shot on accepting their two black labs. I normally have a no-pets policy (which stems from bitter experiences and Urban Farming) but allowed them in th...
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I have my first duplex under contract and just completed the home inspection. We discovered active knob & tube wiring as well as ungrounded 2-prong & 3-prong outlets in use. The electrical system (wiring, fixt...
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Hi, I am new to BP and also new to real estate investment. We started to invest in rental properties earlier this year and under our personal name currently. I have been hearing about setting up LLC to protect your pr...