Ace Goodrich
Sending Potential Property Manager Rental Property Questions
Hey Forum, hope you're well.There's a decent property that's caught my eye in Ft Lauderdale, FL -- Riverside Park to be precise. The property already has a TIP tenant in place and on a lease until next April 2023.This...
Account Closed
Starting an LLC for properties, not sure what state to register
I plan on purchasing a rental property soon. I'd like to register it under an LLC, problem is I'm looking at properties in multiple states so I'm unsure of what state I will need to register in. The question that I ...
Janine Badic
How can I keep my property but take advantage of gains exclusion
I purchased a 4-unit property eight years ago that has over doubled in value. I joined the military so I have up to 10 (vice the normal 5) years to sell and have capital gains excluded since I lived in the property fo...
Kathy Benavidez
Tenant Refusing to Let Us Enter
Informed Tenants two days ago that we are planning to sell the home (their lease ends at the end of June. We are hoping to sell the house as soon as they are gone). This afternoon, we let Tenants know that we have a p...
Colin Gearity
Declining an application based on credit score - anything to know
We are currently accepting applications on a rental and just received an application from a couple with really low credit scores, along with one of the individuals having an account in collections. They viewed the pr...
Amir Foster
Sellers side of the HUD???
Morning all,
Ok so here is the deal.. I have a cash buyer that is willing to pay whatever fees I would like as long as the numbers make sense to them. His only requirement was that my fees show on the "sellers side" ...
Swat Khan
Assisted Senior Living: OCCUPIED vs. VACANT
Hello BP Nation,Has anyone bought a vacant assisted living facility with licensing in place?Story: Seller is retiring and wants to sell all her assets and I'm working with a private investor to underwrite 5 lucrative ...
Kyle M.
Lease Language - renewing after 15 month term?
So I have a tenant who agreed to an initial 15 month lease term. I did this because of it starting in January and it being mutually beneficial for the tenant and myself. When it automatically renews I would like it...
Matt Liu
How to do Due Diligence on Apartment Building
I am buying my first apartment building this winter. Any tips on how to do due diligence? I've seen every unit now with a contractor. We went over the exterior and mechanicals too. Should I hire anyone special for ...
Alisa Gonzalez
Rental Property Question: The grass is completely gone!
I am a new landlord and have tenants that pay rent on time. They always call me right away when things need to be fixed. Over I believe the are good tenants. They take care of inside of the house that I can tell. The ...