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Hi all. I received a message from my tenant that she would like to add her boyfriend to the lease. I'm not sure the best course of action and whether it is specific to state or just preference. This is a SF home in Ho...
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I have read through a lot of posts and have been able to pick up bits and pieces but I am hoping you can either point me to a thread that defines what a good property management company does or should do or maybe m...
Hello. I’m closing on my first MFH next week and any help on writing an introductory letter to my new inherited tenants would be appreciated. One has lived there 3 years, one 6 years and one 20. The fourth is new. Ren...
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Hello!I will start by saying that my goal is to have enough cash flow to support my family if I didn't have a job. To do this, I obviously want to purchase more properties, but also make the correct investments in m...
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Hello All,
I have decided to come to the BP forums to ask for your advice and or thoughts on my current situation. I currently live in Ann Arbor, MI and own a primary house here. Due to a new job offer, my family i...
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I recently bought a duplex with some fairly expensive deferred maintenance issues. None of the issues are of an immediate nature and I purchased knowing these projects needed to be done within 5 years. I'd like t...
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Hello Everyone. I just had my water and plumbing inspected in my 3 story town home rental, and I wanted to run the findings by he community to see what everyone's comments are. The water heater is located in the att...
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Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
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Hi everyone. Not sure if this is the best forum to post in but ill start here. my property is a very old , circa 1900, 2 family in south eatern ct. The foundation is typical field stone basement. It's a concrete slab ...
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I'm ready to get of the couch and get over whatever they call it analysis paralysis. I want to get my phone ringing. I really want to target vacant homes and foreclosures or homes in this category.z What is the fastes...