Nicholas W.
Has an LLC ever protected you first hand?
So I know this a long running debate about whether a LLC is worth the trouble particularly due to the well known issues of getting conventional financing for one. Many people passionately encourage having every proper...
Nate Rohlf
Buying without a Realtor---Saving Money?
Hello,I am in the process of making my second purchase in Sioux Falls SD. Im not using a realtor as I feel I know what I want and I know the neighborhoods. I have thought of using an attorney to draw up the purchase...
Sharon Cohen
How do I appease a very high-maintenance tenant?
Hi, this is my first time posting on BP, though I've been a longtime podcast listener and forum browser. I bought my first rental property, a 2 bd 1 ba condo in Prince George's County, MD, about 8 months ago. My pro...
Nick Rutkowski
How has becoming a landlord changed you?
Hello my favorite community! How has becoming a landlord changed you?
This is my first year being a landlord. I have to say, being a landlord has changed my life and how I look at others. I’ve learned very quickly t...
Lorraine Pennington
Witholding Security Deposit due to Cigarette Smoking Damage?
Hi Everyone! I've got a situation that I believe I'm in the Right, however just got off the phone with the tenant and his anger and frustration has got me thinking twice. This is the deal. I bought the property 2 year...
Chad Clanton
Theft/loss responsibility during renovation, owner of or contractor?
Good afternoon BP, I've got a question for you all and would appreciate input from both the investor and contractor perspectives, particularly those in and around San Antonio. If something were to be stolen during the...
Michael Peters
Tenants screaming mold and would like fellow PM feedback
Fair warning that this is a long story. I'm also relatively new to my PM role so any feedback on how this could have been handled better in the future and how to proceed with this situation would be beyond helpful.So...
Bruce L.
Can I deduct from Security Deposit?
Hi guys,So my tenant just moved out of the place and wanted to get your feedback as far as what you all think is reasonable to deduct.Above are the pictures of damages caused by the tenant.Before Move-InDuringMove Out...
Justin Wilcox
How to reject an applicant for rent?
I have a room for rent and I happen to know that the person who wants to rent it would not be a good tenant because they have had not paid their rent in the past and cause problems for other tenants. It was not docume...
Steve Hodgdon
Working out a Distressed Note - to start some discussion
There’s a lot of buzz these days about Hardest Hit Funds as the exit strategy when you own a delinquent note on the way to REO. Sounds simply amazing. Seems there’s always an “angle” to work.Having spent nearly my ent...