Jason Morris
Real Estate: LLC options
Hey guys! I just closed on my first investment property a few days ago. Unfortunately for me the lender and the title company were not seeing eye to eye. I was unable to close the investment property in the LLC. I had...
Ryan Judah
Potential tenant meets all minimum requirements but has a felony
Hey BP members!We are turning over our first unit and just listed it a week ago. Within two days we had an eager potential tenant that is currently living w/parents while looking to lease ASAP. They've been in the liv...
Michael D.
Categorizing Expenses
How do you folks go about categorizing income and expenses on your rentals?
Do you have categories and sub-categories?
Do you track plumbing, electrical, etc - or just "repairs?"
Is there a difference between "repair...
Brad E.
Letting a tenant break a lease after death in family
Howdy. I have a tenant whose husband recently committed suicide. Because of this the wife is saying she cannot afford the rent payment and needs to break the lease. Normally I would not allow it, but given these ci...
Chris Virgil-Stone
What happens when you get lazy with inspections...
I have a tenant who just re-signed for their 3rd year. They have been great, paying on time and never had any issues other than some small HOA compliance (letting weeds grow). I had visited their parents house when si...
Account Closed
Am I The Tenant From Hell? (With Apologies For the Length)
Background: I have one rental property and recently sold another. For both, I outsourced the management, as they were in TX and we now live in AZ. Up until recently, we were renting in AZ, but just bought a place. So...
Mark Miles
Liquid vs Pods - Dishwasher, Laundry
For those of you who provide guests with dishwasher & laundry detergent, do you provide liquid or pods? The pods are more expensive but the advantage is you only need to leave a few out and if they go through thos...
Kaylan Field
Short Term vs. Weekly rental rates
Hey everyone!
I recently picked up a new property in Virginia Beach. It will be my primary residence in the winter but I want to rent it out in the summers, which I spend in Michigan where I grew up. I won't close...
Kevin Mathisen
Poconos (Shawnee Mountain) airbnb
Hello BP community- I just took a trip to Shawnee mountain with my family and we stayed in a 2/3 condo across from the slopes. Paid $425 for 2 nights through airbnb. The place was clean and had great reviews so no c...
Kevin Phu
Install Ductless Mini Split AC?
I'm considering having ductless mini split AC installed in my 4br2ba SFR (house hacking primary residence).
I live in SoCal and although it doesn't get extremely hot at the house, there are definitely a lot of times ...