Bin Chen
Tenant turnover process
Hi all,I have been a landlord for several years but I always have a hard time when it comes to tenants moving out and new tenants moving in. It always seems to be a huge ordeal every time. So I am going to describe th...
Roger Laughary
Removing a Lessee from a Lease
Hi all,I'm struggling with an odd situation and hoped to get some good input from someone who knows the law better than I do. I started a lease on a couple last year (2 year lease) and they have since broke up. The gu...
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Buy REO's before it is assigned to a Realtor
I am currently looking for REO Managers or people who know them in the Southern California area, to introduce me. I am looking to view these REO packages before they are assigned to a realtor so that I may get an op...
Luis Arguello
Strategies to reduce taxable income while deploying capital to build wealth?
I manage 150 units across 30 properties in Miami. I work for a single owner. We are projecting to pay taxes on $1,500,000 for this year and $2,400,000 next year. That about $500,000 in taxes this year and $800,000 nex...
Mike Gennaro
Starting an RV Park: How much is an on site sewage treatment plant?
Hey there BP community,
I'm obtaining quotes to develop an RV park, and I want to know how much should we expect to pay for an on site sewage treatment plant.
Has anyone gone through this before with mo...
Heather Fullerton
Best way for my mom to gift me her condo w/o capital gains tax
My mom bought a condo for 150,000 over 10 years ago. Probably worth 190 today. She has rented it out for several years and now wants to give it to me. Shes figuring she will have to pay about 30,000 in capital gains t...
Nicole A.
Give me your thoughts on lightening up my living room!
Hi everyone!This is my *personal* home...not a rental. I live in a contemporary-style Cedar home. We have updated it a lot over the years and now I'm beginning on my living room.The living room has a cathedral ceiling...
Steve Logan
Tankless Water Heaters
Hi all,One of my rentals has an old tank heater which I am looking to replace with a tankless model as its quite a small place. Does anyone here have experience with these units or any recommendations?Thanks
Tommy La
No Lease Agreement: Tenants Want to Use Security Deposit For Last Months Rent?
Hi all,
Hope you can help. I am in Northern VA and my parents rent out a townhome- in the past they used a lease, but since it expired, they have never sent the tenants a new lease for renewal. Now, they want to leav...
Jack B.
How to visit tenants for inspection without notice?
Can't find unauthorized tenants, pets, drug labs, etc. when I have to give 48 hours notice.