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Hello BP! We are new REIs in Maryland. We are looking at purchasing our first multiple family unit. However, we’ve noticed that most of the multiple family units in our area are very old. Most of them were bu...
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Hello everyone,I have had a Bakersfield rental for over 7 years and I am now in the 3rd peroperty management company. The second property company was ok but at the end of last year they abruptly sent me notice that th...
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Full disclosure -- I knew things were probably coming to this. I've had to send overdue notices several times this year, and a notice to quit twice (this is the third). I tried to work with my tenant but they simply d...
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Hello BP Community,I'm a first time landlord, I recently purchased a multifamily building in Chicago, Cook County. I made a cash for keys agreement with a tenant. About a week before the vacancy date on our agreement,...
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Hi BP,I am asking a question from the perspective of a tenant and looking for your expertise. I have found a good deal of info on MTM leases but none that I can locate seem to directly address my specific question.The...
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Just purchased a multi-unit. The tenants are on month-to-month with well expired rental agreements. I have new agreements that they don't want to sign. One tenant, whose rent stayed the same $650 for a 1 bedroom, does...
Hello, I recently bought a house on 9/27 (As of writing this is 10/12), but one of the tenants does not want to move out. I already gave them a notice that I will not be renewing their lease with the previous landlord...
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BP community! My wife and I are in need of some help/guidance.We recently closed on a duplex through a Sheriff Sale. The 1st and 2nd floor apartments are vacant, but currently there is someone living in the basement. ...
Hi, has anyone gotten a rehabilitation notice from Clark County to "cease daily and weekly rental" of their rental property and is familiar with the process to rehabilitate or to submit a rehabilitation plan? I found ...
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On May 25, 2012, the Consumer Financial Protection Bureau (Bureau) issued a Proposed Rule (Rule) which, if adopted, would govern the process by which a "nonbank covered person" may become subject to the supervi...