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Purchased a tax lien.Took possession.Made repairs.Received a redemption request.Responded within 10 days with a bill for repairs.Redemptioner received the bill (certified mail signed receipt) on 12/12/17.Lawyer respon...
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Owner Termination - Cancellation FeeSomething you never hear about is HOW can an owner terminate a Prop Mgr!. In my case I was fed up with lies and incompetence, and switched to another local Pro mgr company. but I a...
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Hey Folks, I'm sure the answer varies by market and experience, but I wanted to see what advice some of you may have when considering professional management and STR. Here is the situation: I am purchasing a 2BR/2BA c...
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Hi,I purchased a house recently and my property manager did make-ready repairs in it. Nothing serious (not a fully-fledged rehab). There are a couple of issues with it, though, and I want to understand how you would r...
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After seven years of living here, I'm relocating. In the next few weeks, the landlord will hit me with what she feels is an appropriate amount for damage.
Assuming she tries to exceed my $1,950 deposit, here is my pl...
Hey BP folks, looking for a situation opinion here. First time this has happened to me.I solely utilize buildium's e-pay service for rent collection and for the fisrt time had an "echeck" reversed for NSF. The tenant ...
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I have been making a lot of owner financed offers recently. I really see the value in using owner financing when I can as long as the numbers still work. I finally got one accepted and closed! Below are the brief deta...
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BOOTCAMP 2.0 IS NOW CLOSED!!!Did you miss it? While this next round is closed, we've heard such great things from the attendees of the first Bootcamp, and so much excitement from those who have signed up for Round Two...
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I have had my first rental ad out for almost a month. Wanted to get the rental filled by 5/1, but if I need to wait for better candidates I will. Much rather wait for better renters than jump the gun into a nightmare ...
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Gov. Murphy announced today that he has signed an Executive Order that will allow tenants to use the security deposit as a rent payment. Curious to know everyone's thoughts on this and how the EO will effect your busi...