Brian Ellis
What are Unlicensed property manager restrictions?
I have a question for my fellow biggerpocketers Being the great entrepreneur I am (jk), I am looking to start a property management company. Ive had some pretty dumb ideas in the past that didn't work out, and im won...
Brad Waterstraat
Illegal Nonconforming Units
Hello BP community!I wanted to get you opinions on Illegal nonconforming units. I was looking to buy a property with an in-law suite with the intention of living in the in-law suite while renting out the main floor.Th...
Maria D'Aura
Buying in a marriage state - title question
Need advice for buying a rental in a marriage state.Asking for a relative.How can a married person (lives in California) buy an investment property out of state in a marriage state. Realtor is saying spouse must be on...
Dave Ketcham
Property Management Agreement language
I would appreciate some BP wisdom on this. We just bought our first property in Missouri and the PM agreement includes the following two sections that are troubling -- we haven't seen this language before. It se...
Anthony McDougle
Legal Considerations for Roommates vs. Normal Tenants
First of all -- I apologize if this is in the wrong section.
I recently purchased a house, hoping to rent out the rooms for a while, to kill two birds with one stone -- start on the path to being a RE investo...
Kevin Feng
Is it normal for property management to hold a minimum?
I use Crestcore in Memphis, TN. Not a very responsive company. I wonder if it's normal for them to request and hold a minimum amount in my account for repairs. At least that's what they claim as the purpose. I am n...
Kristin Swineford
Lease agreement for roommate?
Recently purchased a house as owner occupant and I have a renter lined up for when I move out after the 1 year mark.Thinking of bringing them in sooner as a roommate and then doing a formal lease once I move out.Has a...
Philip W.
Help! Tax Newbie in SC
Hey BP, I'm beginning a hunt for the right tax accountant in SC. I recently bought my first property, and have brought in a roomate paying rent to me. I have questions regarding how this affects my taxes, and would lo...
Account Closed
Rental Housing Associations
For those of you that own multi-family housing, do you belong to any rental housing associations. I have been a member of a local housing association and found that they helped provide useful updates on landlord-tena...
Orly Howard
STR Restrictions on deed
Hi BP'ersHas anyone ever come across restrictions on short term rentals on a deed? I was getting ready to sign a contract (in Sullivan County, upstate NY) when my lawyer informed me that it had this restriction. This ...