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Hello BP. I inherited a tenant in one unit of a duplex in St. Paul, MN on a M2M lease (the other unit is vacant - which I will owner occupy for a year). I’m switching them over to my own lease and need to set snow and...
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Hi BP community! I'm looking for professional advice from an accountant or tax specialist on how to minimize capital gains tax on a somewhat complicated triplex deal that I purchased 2 years ago in Windsor, Ontario. H...
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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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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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Hi All! I am starting a syndication and have several investors looking to be limited partners. I'm looking at properties out of state near Kansas City right now. I have 2 asset types in mind, SFH and apartments. Gener...
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I’m getting closer to my first STR. Beyond a pandemic and changes to the local law that result in STRs not being allowed, what risks are you concerned about and following closely?
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I as new landlord got the dreaded phone call of a frozen pipe causing flooding. We have gone through the mitigation process and have learned that insurance and restoration company estimate 3 months before repairs are...
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Particularly for those with mountain cabins, this is going to happen… How do you deal with evidence of a single mouse from your cleaner if guests have not seen a mouse or complained? Assume 100% occupancy for the next...
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Hello All,I am having my house inspected soon because I would like to know the weak spots in my house before I start on renovation projects. I got a decent quote from the house inspector that will be doing the inspect...
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A fellow Coworker of mine wrote up this blog post at the company we both work at regarding who pays for the cost of power for electric vehicles in a multi family development. Interesting challenge that multi family dw...