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I have a tenant who is in jail. His lease is up at the end of this month, I've wanted him out since I purchased the building. I've already notified him that his lease would not be renewed and that the move-out inspe...
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I'm somewhat baffled! I bought a property & decided it was perfect for a STR. At the time, no ordinance was in place that prohibited my doing so. I set up VRBO acct & started renting it VERY successfully. City...
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Hello - my girlfriend and I recently took over a property owned by her now deceased
grandfather. Her grandfather passed away four years ago. There are two aunts that have
been living there rent free. We found out 3 ...
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I just recently started listening to the BP podcasts and haven't been on the forums yet so I really hate that the my discussion on this forum has to be a bitter one, but I've found myself in less than desirable situat...
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We recently bought a property that we have found out within the first few weeks of owning it that is has VERY SERIOUS drainage and humidity issues and lots of previous water damage that the sellers did not disclose. M...
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I'm trying to understand whether or not it is recommended to create a LLC or S Corp from the start. I plan to buy and hold multi-family homes and create a passive income. Do I wait until I have 5 - 6 properties and...
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My tenant moved out but left a lot of damage to the property. After they moved out, they texted me saying that they filed for Chapter 13 bankruptcy and that I should contact their lawyer. They gave me the lawyer's pho...
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We have a new situation here that we’d greatly appreciate input on from the BP community… but first, anyone know a good lawyer to have on-hand for questions like these/cost?
We screened out many, many tenants that ...
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Hello! This is my first post on BP but I've been reading articles for a while now. We are new to the REI world but my husband's brother owns a small rental property and has a team of brokers and a lawyer who he works ...
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I know the issue of LLC's has been beaten to death around here, but I am having trouble finding the answers to some of my concerns. I am about to purchase my first rental property in my own name which I plan to manage...