YinKee Yee
Handling new partnership on top of existing partnership in LLC
I’m a newbie to BP community and I have a couple of rental properties in the Bay Area. Recently, my business partner and I formed an LLC for our long term real estate investment partnership together. As we evaluate ne...
Kiran K.
Tenant damaged and replaced wrong color carpet - how to handle
Tenant moved out and one of the rooms he replaced the carpet as his daughter damaged it, but the problem is carpet color is not matching or close match with rest of the carpet in the house.I got quote for carpet (clos...
Gil Happy
How To Handle Rent Deposit Cleaning Fee From Relocating Tenant?
Hello,
I need some guidance on how to handle first month rent, security deposit, and cleaning fee.
To explain, I am currently living in my condo with all of my furniture and I have it up for rent and I have someone ...
Sada Rafi
How to handle returning Sec deposit to multi roomate situation
One out of 3 roommates is leaving and being replaced by another person. They each paid sec deposit and pay rent separately. There are some minor damages in the common area of this single family house they live in. Her...
Kyle Jensen
How would you handle clean out of fully furnished house?
We have a house under contract and I’m looking for advice...The woman who lived in this house has passed away and the house still has all of her stuff in it. Her son lives in another state, so he is going to fly in an...
Brahm Antonio
In times like this, how's your Property Manager handling it?
Good day everyone!
Let me start by saying, I am so grateful I have found Bigger Pockets and everyone in it. I have been reading through all the forums, attending webinars and listening to the podcasts. Thoroughly enj...
Steve K.
Handling loan default when lending from Self Directed Roth IRA
Scenario:-I lend private money sitting in my checkbook control
Roth IRA LLC to a 3rd Party LLC to buy a Real Estate. The Mortgage
was recorded in the first lien position. Mortgage had a confession of
judgement clau...
James Ashley
How to handle raising rent when taking over new property?
A local investor is dumping all of his properties and I'm considering buying one. This will be my first property. The property is currently rented and the renter is paying a below average rent for my area. I plan to u...
Jim Farrell
How do I correctly quote an author's handle when responding?
This may seem like a very basic question--trust me, I searched for the answer on BP for a while and couldn't find it! How do I "quote" (hope I'm using that term correctly) the name of a post's author correctly so ...
John Rowan
How to handle renters in a fix and flip buy?
Hello everyone,
Thanks to all the GREAT advice here on BP my phone is ringing with a few leads. My first potential deal is close but there is a renter in the home with 6 months left on the lease. Do I have ...