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I have a property that is coming available. One of the potential renters is offering to pay the whole year's rent in advance in addition to the security deposit. Does anyone see any issues in doing this? The property...
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First time landlord here. Under contract on two out of state single family rental homes. Looking for advice on payment collection/managment software. I hear a lot about rent redi on the BP Podcast. Some of the reviews...
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Looking to get a little advice here as I'm in the process of buying a 2-flat here in Chicago. I recently filled out the loan application and there was a section that was titled "loan estimates" where it has Terms, Pa...
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Good evening, I am curious what people recommend for software programs for managing tenant relations, i.e screenings, communication, payment, etc. Thank you in advance!
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My grandparents are in their mid 80s, sold their house last year to rent and simplify life. Their rent got jacked up because the market exploded, and now they want to live in a house again for rent control... but unde...
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Hello BP,Wanted to reach out to get some opinions regarding Property Management Software that's recommended based on personal experiences. Currently, I use Apartments.com. Apartments.com is free to use and great if yo...
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Hi everyone, I'm looking for any legal references that can help me answer the following questions and provide guidance as to whether this approach is sound or needs adjustments: -What is the entity structure for manag...
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As a wholesaler transitioning to rehabber there is something I have always wanted to know. Is there a certain order you follow through the rehab process? For example do you do demo on day 1 then day 2 is cleanup, day ...
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I had a rental house that burned down. I have owned it for a very long time and had depreciated most of the original purchase price. I had replacement coverage insurance and received about 300K to restore the house....
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Hi BP! :)General question here: I invest in long term rentals in Memphis, but I live out-of-state in NYC, so I was wondering if anyone had any general advice about starting an LLC in my situation.Would you form the LL...