BP Family,Yesterday I successfully leased the master bedroom of my home. I know that doesn’t sound as sexy as leasing out an entire house to someone, but I did learn a lot in the process.Late last year I purchased a ...
Hello Everyone!
I'm currently looking for advice on what route to take as far as financing rental properties through my LLC will be. Is the LLC better than an insurance policy for personal asset protection? The pro...
I have filed for eviction on a tenant and I am waiting for her to be served. The day after I filed I noticed she had moved out of the house. I can see in the house and everything is gone. I then put up a For-Rent s...
At the tax sale I purchased a tax lien certificate in Alabama with an Alabama Medicare lien on it. Do I have to pay the Medicare lien off if I'm only planning on just renting the property out and not planning to ever ...
Hi -Am I able to enter the defaulted rent amount on a tenant's credit even though we entered into an agreement in court?I filed an eviction in the Philadelphia court system against my tenants. The eviction was resolv...
I know that folks on this forum always recommend (rather strongly) requiring a security deposit along with applications for a rental property. (This is the deposit for the application, *not* the deposit for actually ...
Hello BP world! I'm a newbie to real estate investing but not to investing in general. A little about myself, I'm a finance major and currently working for a bank as an investment associate/financial specialist. I bou...
I know that most people preach about cash for keys, I have had two tenants I have tried it on and it has always lead to an even bigger headache and elongated the stress. I inherited one tenant when I bought a property...
Seems I keep getting beat on properties going for full price and more. These deals often have low returns and function solely on best case scenarios in my opinion. Anything good is snapped up quickly. At this point...
Hello Everyone,
Just went through a lengthy process of evicting a troublesome tenant on our property. It now looks like the evicted tenant is “staying” in his friends unit which is also on the same property (6 unit p...