Ate Etim-Edet
First Multi Family purchase when do you do the new lease and rent change?
Hello Team,This is my very first post as I've been watching and reading others from the sidelines for over 2 years. I'm excited to be closing on my first multi family four unit property here in DC. The Closing date is...
Ryan Green
Management Corp to LLC model?
Hello BPers,I’ve been actively following and learning along for several months preparing to begin doing business in Q1 of 2020.I was planning to go the LLC route with my partner for purchasing properties, but I got in...
Marc Beaulieu
What are the real benefits of an LLC
Every book I have read about buy and hold investing talks about forming an LLC as an essential part of your business. The line that is repeated over and over is that it protects you from a tenant suing you for everyth...
Matt Lane
Evict section 8 tenants?
I am purchasing an REO MFH which i just found out is all section 8 tenanted. From what i can see from the hall ways and the one apt i got access to, the owner nor the tenants maintained it well (mainly cosmetic). My...
Anne Shawnnc
certified mail doesn't work on sending lease termination notice
I used certified mail to send a 60 days lease termination notice to tenant, the mail should arrive one week ago, but today when I check status online, it still shows in transit, so I called the post office to ask why,...
Joshua Martin
Four Family House Hack ~ Another 203k Survivor
Hey gang, BP has been such a tremendous help over the last year and a half that I feel obligated to give back a little and at least summarize my experience. So, as always and in advance, thanks BP. I couldn't decid...
Brad Carver
Looking for input on complimenting surrounding businesses!
I manage an office and our current tenants include:
ENT
Aphasia Center
Commercial Real Estate Firm
Lawyer - Estate Planning and Elder Law.
Bank
Looking for some input on some goo...
Nancy C.
Verification of smoke detectors
I recently switched management of my three family over to a management company and they handled new tenants moving in. When I do the move in, tenants sign a condition statement that includes "smoke detector batteries...
Maneesh Joshi
Property Managers in Philadelphia
Hello All,
I am hoping to close on my first rental property in the Point Breeze area at the end of the month. I live in NYC for I am looking to use a reliable and honest Property Manager. I wanted to see if anyone h...
CJ Swoboda
Property management question
I have a property management company out of Fort Worth, TX that is almost worthless. I'm going to manage the property long distance, but my concern is wrestling the tenants deposit back. I'm going to send a certifie...