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Buying Underperforming Condo Complex
What have been some creative ways people have acquired condo complexes in their entirety? I'm looking at a 90 unit complex, four buildings, with multiple owners (one owner has around 55% of units, and is looking to ga...
Kathy Hacmac
Tenant painted original woodwork
Our tenant, without permission, painted original shellac woodwork in her apartment. We are restorers and this was original untouched woodwork in a 90 year old house.We are of course furious; she is non repentant but w...
Filipe Pereira
Satellite Installers SUCK!
I recently purchased this house. There are cable and phone lines running EVERYWHERE....it's like a spider web, but all over the place...What can I do to fix this? Can I "force" the installer to come out and do it prop...
Michael S.
Tenant wants to sand/refinish deck
Unit is part of a 4plex. Each unit has a small (8'x10') deck on the back, maybe a foot or less off the ground. They are in fine structural shape, but are probably due for a refinish. One of our new tenants (have rente...
Wesley Branaman
How to find entity owner information in Texas
Hello BP family,I am currently building a database of mobile home park properties in Texas and while I am gathering the property information, I am hitting a roadblock when it comes to finding the contact information o...
Kailas Tare
Can I start light rehab work like paint etc before closing
I have signed contract for SFR on a vacant property. Owner does not live in house and it’s currently empty. Purchase and sale is signed. I have to only wait for bank to complete the closing formalities, but I am confi...
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IRS imposes $50 Penalty (to you?) if your 1099-MISC/S is missing Contractor's SSN/TIN
apparently in all of USA, per IRS.thus all the more reason to REQUIRE, per IRS, of all your contractors/subs, their corect SSN/TIN, as a condition of hire.what should be used to request it, litigiously, then? a W-9...
Mark Weinstock
Tenant says there seeing rats ?
Trying to figure out the best way to handle this ?Tenant mentions to me yesterday that she thinks she has mice or rats in the house then today she calls and puts me on the phone with an Okin pest control sales guyThe ...
Janet Lancaster
Did property manager do the wrong thing?
Hello AllIn March, a rental property I own in AL that is professionally managed by a sister company of the turnkey company I bought it from in 2015 had a fire. It will likely be a total loss. Property management compa...
Zack Phoenix
Realtor questions as a new agent
Hello all,
I have a couple of questions regarding realty that I have been getting conflicting information on from my broker and various other agents and haven't been able to find much help online, so maybe someone he...