Jeremy Porter
Navigating Financial Challenges with Empathy and Solutions in Property Management
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...
Jeremy Porter
Managing Additional Expenses: A Property Manager's Guide
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...
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Putting on a new roof
Hi Guys,
So, I'll be closing on my first rental property in about 3 weeks and I just found out this past weekend that the property needs a new roof. I mean, I knew the roof was old, but I thought I'd be able to get a...
Christian Thompson
Roll1031 Rental into my Former Primary Residence that I now rent?
Scenario:Sell a rental I've held for many years in an LLC. Net $250K1031 the $250K into my former primary residence which has been a rental for the past year, but lived in 2 of the past 5 as my primary res. I hold t...
Tom R.
Would you rent to someone with a past eviction?
Ive got a prospective tenant with an old past eviction. My original rule was no evictions but I know people change. Just 5 years ago I wouldn't have considered myself rentable. And she is willing to have a cosigner on...
James Ibis
FLASH POLL - Good 50/50 Partnership? I provide the deal, execution of rehab and partner provides all cash?
Please respond with your opinion if this is a favorable partnership?I pay for the marketing to find and lock up the deal. We use my partner's money to buy the property. We use his money to finish the rehab. I manag...
Rodney Ford
Banks Asking For Down Payment
Has anyone had to give a down payment when submitting your offer on a REO? an agent told me banks are requesting down payments.
Thanks,
Daniel Dawson
First eviction
Hi all, I have a question regarding my first eviction in Kansas. Tenant is 25 days late on rent now. I received a bounced check last week and was informed the tenant is in an inpatient rehab. I did however already se...
Reeti Peshawaria
STR regulations for a new market
Hi, I'm in the process of learning about short-term rental investments and analyzing potential markets, but I’ve hit a major roadblock: understanding local regulations. It seems like every city, county, and state has ...
Hares Najand
Concerns with Property Management in Chicago Area
Hi BP community,
We currently own several Section 8 rental homes in Chicago, Markham, and Country Club Hills, IL, all managed by the same property management company. While they are good communicators, experienced wi...