David Rutledge
When, how and why set up an LLC
Good morning,I am a new investor and I just recently had an offer accepted on my first two homes. One in NC and the other in IN (I live in CA). I have had all the inspections done and I am now in the process of sortin...
Steve Tse
Is it normal to continuously get tenants to requests things
Hi Guys,
I am fairly new at this and was wondering, on average, how many times does your tenant asks for things to be replaced of fixed ? I've had a new tenant for the last 3 months and I keep getting requested to ta...
Michael Nelson
What do hard money lenders need to see in terms of the deal?
Hi,
What seems to not be mentioned often is exactly what hard money lenders want when presenting the deal to them and what that turn around time is.
Context- Where im looking properties that are good deals move fa...
Inna Young
How the building assessment rolled into the sale price increased the property taxes
Our condominium building, comprised of 36 units, located in Broward County, Florida, underwent a substantial assessment in 2021. The owners of two-bedroom units were required to contribute $72.5k, while one-bedroom ow...
Kristen Watts
Sharing Electrical Dispute Among Tenants - Need Resolution
Good day BiggerPockets landlords. I have an increasingly disruptive problem at a property comprised of a main 2/1 home and a stand-alone studio behind it. Turns out the studio, which is attached to a one-car garage, a...
Michael Johnson
Low income lease
I have a 6 unit building with low income tenants. After a tenant's one year lease converts to month-to-month is there any incentive for the landlord to sign a new lease? I'm not seeing a benefit. My thought is that...
Tim Lee
EPA lead requirements running amuck
I recently completed the EPA Certified Renovator Training. Today, I received the Email below. Now, the EPA is not satisfied with the certified renovator. They now want to add another layer of inspection ($$$, delay...
Shayne Fee
How to deal with Tenant wear and tear?
This Tuesday I have a 1 year walk through with a Tenant of mine. She lives in a nice SFH with some of her friends and has been a great tenant in terms of paying the rent right on time and dealing with a couple minor m...
Account Closed
HELP - Basement Rental Flooding - Course of action
I am in need of some guidance on how to handle a situation. I am posting this in behalf of my in-laws who are the landlord of a rental affected.The landlord was notified last night of flooding in the basement unit in ...
Albert Ng
Which tenant would you pick?
I have just finished remodeling a SFH rental property in San Jose area. My goal is to rent it out long term. I have 2 top prospective tenants (the rest are screened out).#1: Section 8 tenant approved for 5 rooms. Mex...