Hi BP community!I need some guidance on how to get this rent to own deal going. I have a property in Tampa and I have found some tenants that are interested in doing a rent to own lease. Do I need to hire a RE attorne...
Hello BP members,I was not able to immediately salt the driveway this morning, and I received a quite threatening text from my tenant about the "icy" driveway ("...my brother in law is a lawyer!...."). I personally ...
I have a 2.5 story apartment building in Minnesota. Working on renovating the units to higher end. Currently the two main stairwells are carpeted and the back stairwell is linoleum.The building was built as two separa...
I currently have 19 doors, a nine unit, six unit, and a four unit. I have a business insurance policy through Nationwide. Each building ,I have about 1,000,000+ in coverage ,which seems kind of excessive. But the...
Hello BP Fam,I’m curious to hear what rule of thumb people use to budget the cost of insurance for small multifamily. Let’s say less then 15 units down to a duplex or quadplex.Michael
Hi - my wife and I just changed deed ownership of our first STR property to an LLC we created. When we switched over we lost the title insurance we initially purchased when we closed on the home. If we repurchase titl...
I have a new tenant that wants to vape. My PM has a no smoking/no vaping clause in her contract, and he (tenant) wants the vaping part removed. Does anyone have any experience with tenants that vape? Will vaping ca...
Problems like trespassing, conflict, and unwelcome visitors are common to any multifamily unit. And the trouble spots where these occur generally remain consistent across locations.An industry expert on how you can be...
Hi BP,This is my first post on here, I've definitely gathered a great amount of useful tips from you all so thank you!I'm underway with a rental rehab we just acquired, the porch has tile. Our concern is when wet how...
I live in a townhouse complex and I've been renting here since June of 2007. There are pets in the complex but owners are required to pick up and dispose of waste properly. Since the day I moved in I have complained a...