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I recently purchased a mixed use building with a partner; the commercial space is on the smaller side but I have interest from an individual who would like to open up a salon. Any suggestions on the type of lease I sh...
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Tenant was not at home and came at night. They told me that two toilet downstairs overflowed and sewer water is in the rooms. I am still waiting on photos and details.
I have Insurance at $3.5k deductible. Tenant als...
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How Do You Screen a Vendor?
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Just settled on a property a few weeks ago and tenant moved in 2 days ago. Just yesterday I was telling my partner we need to call the city to have them trim tree branches that were hanging over our property risking t...
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Hi All - looking for assistance from lenders on how my back-end DTI ratio will be calculated when looking for financing.My situation is I'm living in the Bay Area of California and renting due to crazy high prices tha...
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Hello, I have three employees including myself paying a total of $90k net yearly for all 3 of us. I'm paying approx $1,400 every 2 weeks for payroll tax and I feel like this is way too high. Could someone please let...
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Hello, I'm brand new to BP but looking to learn quickly...which will mean asking lots of (but hopefully not to many "dumb") questions. This may be a question with an obvious answer, but I'm curious, when a property ap...
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Hello BP,
So I own a property in Bridgeport CT one of my tenants fridge broke down. It stop working since Saturday and they just told me on Monday. I sent out a repairman, the parts will be in within the next few bu...
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So we had a hail storm a couple weeks ago and my roofer called me and told me about it and said i should file claims which i have and he met with the adjusters at the properties and i guess is getting them all covered...
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Where do landlords in Montgomery County, MD keep your tenants' security deposits? I understand the county rule requiring paying 1.5% interest minimum. I also found the online calculator they provide. I'm asking if any...