As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly. Whether it's due to changes in personal circumstances or unforeseen issues, addressing these...
Hi, my lousy tenant vacated at the end of the lease term and I switched my property management company due to the bad experience with the previous one. My property is located in VA. The previous property management co...
Greetings,So my simple question is when you sign a lease with a tenant, do you place yourself as the "Landlord" or do you place your LLC as the landlord?In my previous leases, I have stated my name as the Landlord, an...
If every rental I have is it’s own llc what it the best way to structure things for taxes with losses? I know I can write off improvements and mortgage interest and landlord insurance. Does it many any sense to create...
What property management apps do you use to sign leases and collect rent from?
Hello BP !From time to time, I've seen posts asking about a Home Union Review, very few people have actually had any experience, or recent experience using them. I will discuss my (unbiased) experience using them from...
Hi All, New member here. I have came across BP when googling about tenant eviction, will need your advice regarding eviction in Philadelphia. In short, I own a property since 2005 and have been using a real estate ma...
I know when you start getting larger, it's more economical to use Simplifile or something like it. However, until you have a sufficient number of notes it's not economical. I was wondering who people use. I have he...
Does the Owner verify information on estoppel certificate or does your property manager or Realtor? Sorry if this comes off as a dumb question.
I converted my primary residence to an STR around June after living in it for a year. The title and mortgage are still in my name and not transferred to my LLC. I meet all the criteria for material participation and a...