Cody Smith
When should I worry about asset protection?
Hello BP community! I was given some new advice yesterday that I'm not sure how to take. I spoke to a financial advisor for the first time, and throughout our broad conversation, one of the main points he hit on was m...
Jeff J.
Increase deposit for smokers?
We just got done turning around an apartment vacated by a heavy smoker. We had to wash (to get rid of the tar) and paint the whole apartment and use an ozone machine to help get rid of the smoke smell among other ...
Tracy LeClair
Who is the landlord?
I'm sure this is obvious and I'm overthinking it. My husband and I own a home in our names. We have an LLC that we use for management and marketing purposes (example, this is the EIN listed with AirBNB). When the leas...
Alvin Uy
Earth Quake Insurance —- To get or not to get???
Those of you who invest in California or Pacific Coast that own property, what are your thoughts on Earthquake insurance? Do you have them for your properties? Is it worth it? If not, what will you do in an ...
Brian Masotti
Convert Primary to Rental
Thinking about renting current primary home and buying a new primary home. Are there any issues if there is a current loan on "current primary" Thinking since mortgage rate is much lower and wasn't sure if there were...
Paul Stout
What Would You Do With a Registered Sex Offender
You are looking at a multi-family property. You do a search and find that a registered sex offender occupies one of the units. You have made an offer on the property but have not received an acceptance. What would ...
Kevin Salamea
New property investor
Hello everyone I am looking for some insight on a few questions.! Heres some background information. I am looking to buy my first investment property in PA for about 60-80k after closing costs. I have a decent cred...
Sagar Mylab
Tenant repeatedly late on rent
Hi BP, I have a tenant with a 2 yr lease that started the beginning of this year. She has already been late on rent 3 times so far. I've been sending her notices of late rent every time and this has continued to ha...
Account Closed
No grace period for rent payment?
Our rental contract specified a daily late fee if the rent is made after due day. My tenant complained that’s unheard of and “no room to breathe”. What are you guys’ thoughts on this?
Patrick Moore
Shopping around for the best quote for construction
I was just wondering is it ethical to have multiple contractors meet you at a property to all bid the same job?