Ilya Ratner
Accounting - Ask me anything
Hi everyone, I am a real estate accountant in NYC and has been doing it for the past 6 years. I primarily do day to day operations for residential buildings in NYC. Ask me anything
Jeff L.
How exactly do umbrella insurance policies work?
Say I have two properties, both under separate LLCs and insurance policies.If I get an umbrella policy under one of those insurance policies, can it cover the other property as well? Or do I need to get two umbrella p...
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...
Irko Maurizio Sera
Shopping for a General Contractor
Hello! I'm getting ready to hire a General Contractor.I got a few questions:What should I look/ask for when shopping around for a GC?What is the best way to find the perfect GC for the project?Any other suggestions?My...
Sam Leon
Painter wants to stay at night
Need some advice here.Hired a painter to paint a vacant property.Never worked with him before.Not a big job contract about $1000 plus materials.Painter says on first day he can get more done if he can stay over at the...
Steve R.
Someone threatened tenant, stabbed holes in overhead garage door!
Hi All,I received a text from one of my tenants last night stating "some guy started threatening my boyfriend for some reason and came to our house while we weren't there and stabbed holes in the garage door... I just...
Joseph Hammel
Help! pending Insurance cancellation due to 60 amp service.
Hey BP pals. I just got a letter from State Farm stating they wont be renewing my policy. I will try to get as much detail in here I hope I can get some ideas. Ok Its a 16 unit apartment In Hammond MN which is a very ...
Christopher James
Can I charge a tenant for a civil standby fee?
I have a situation at a rental where the tenant locked me out. He changed the garage entry code and keeps the storm door locked (no key) which doesn't allow me to use my key at the front door. Those are the only two...
Lois Ginter
Inherited Tenant - Rent above Market - Questionable Siutation
I am purchasing a property with two out buildings. There is personal property in these buildings that may, or may not, belong to an inherited tenant. If the tenant does own this personal property, it indicates that ...
Michael Ryan
Landlord Insurance info
Good Morning Everyone, Sorry if posted in the wrong place I couldn't find insurance forums.
I have a few rentals and my insurance is all coming due soon and everything went up without a claim ever on anything.
I...