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As a property manager, my responsibility extends beyond the day-to-day operations of maintaining a property. It also includes ensuring the maintenance of accurate and organized records, which is vital for effective pr...
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Say you decided to place one of your mortgaged investment properties into an LLC for asset protection. You're doing what you can to treat your LLC like a business (it has its own checking account, filed separately fro...
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Hi all, it’s been a while since I last posted to the forums and thought I would share an interesting situation I came across with the BP world. As the title states…I am looking for a spouse, not for me as I already h...
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Tenant is just receiving Summons and Complaint, now has 5 days to respond to Unlawful Detainer Complaint for nonpayment of rent. In California, if the landlord accepts any rent during the eviction process, the evictio...
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I am looking at potentially partnering with a family member on a deal. We're talking about a 50/50 split where he would do all the improvements and get the bank financing while I bring the downpayment and closing cost...
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Hello BP! I am looking to get into a deal but do not know if I am missing something or worse am moving too slowly on a potential bargain in Philadelphia. A friend is thinking of selling their Quadplex and I heard it c...
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There are many systems and processes that you should implement when running an Airbnb business in order to make it more profitable. However I thought I'd provide a short list of some things that you should NOT do as a...
I'm looking into a sheriff's auction for a property where the owner is still an occupant. I'd be purchasing this with the intent for it to be my primary residence, at some point, not a fix & flip. I stopped by t...
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I have lived in 4 houses in 9 years. I've also bought a couple as rentals outright, but generally turn primaries into rentals when I move because I end up not liking a place after a while (noise, crime, neighbors, etc...