Jeff L.
Renting rooms to college students/young professionals? (Socal)
I'm in Southern California where the prices are very high right now, and was thinking of a different strategy to offset the costs and make the math work. I live in a town that has many college students and young profe...
Dennis Gallof
Rent basement apt that's not legal that would reduce any potential risks as landlord?
Hi,
I know what I'm asking is not legal, but it also doesn't stop the 30,000+ not legal apartments that currently provide a home for families in Queens, NYC that would otherwise not be able to afford to live there.
...
Kia Grine
Are Short Term Rentals allowed in South Lake Tahoe?
Hi Everyone,I'm looking into purchasing a short term rental in South Lake Tahoe. I know some tourist locations are cracking down on how many short term rentals are allowed... does anyone have some insight into the cur...
Rob Brown
Month to Month Rental Agreement Lease
I have a tenant that has lived in my rental for over a year now and the year lease has expired. I don't feel comfortable offering another year lease to this tenant do to the individual has committed to other financial...
Claudia Bonaudo
Buying in my own name
Hi BP members, Can someone help me with this?, I'm buying my first hold, live and then rent property, should I buy this under my name and after a year or when I moved out I put it under my LLC name or I buy it since t...
Account Closed
Appointing an "acting-landlord"...tenants refuse to acknowledge
I'm a landlord of a multi-unit property and all of my leases are between myself and the tenants. However, im moving out of state soon and have a friend willing to take care of rent collection, evictions, and everythin...
Account Closed
Tenant is late and has cancer
One of my tenants has just been diagnosed with cancer. She's been dealing with various health issues that have made paying rent on time a problem. Has anyone dealt with a situation like this? I'm trying to be accommod...
Matt Ellis
Too scare to pick up the phone
I spend the day compiling a list of FSBO and FRBO in the areas of sellers I want to call. I have a script that I practice daily. Its very short and too the point. But for some reason I am scared to make the call. All ...
Ming Ip
Does your CPA charge you for a few questions over email?
So recently, I was going to use a CPA for a corporate tax return. He outlined that book keeping was $45/hr and corporate tax would be $500, and any additional costs to file to USA would be determined later. I told him...
Bjorn Ahlblad
First and Last Month's Rent + Security Deposit Prior to Move-In?
I am surprised at how many LL seemingly do not collect First, Last and security deposit at move in. I thought everybody did? Security Deposit for us is equal to one month's rent. What's y'alls practice on this?Thanks ...