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Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.). As I was preparing my taxes, my tax professional advised me that management LLC is red...
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Hello fellow brokers. In my neck of the woods here in Boston tenants are accustom to pay broker fees and the amount usually equals 1 month worth of rent. The only problem is the landlord usually wants first last and s...
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I have a property where the adu and main house share utilities. adding separate meters isn't an option at this point in time. In the past, I have rented them out with utilities included. When rented out next, is the...
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I have looked at many properties where the tenants cook with oils and grease. I have passed many of these properties up because of the smell, the cost of cleaning walls and cabinetry and the damage that has occurred ...
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Our current process is to send a lease agreement via Docusign then follow up with adding our tenants to Rent-Redi, but we have noticed some tenants take days/weeks to sign. We assumed Docusign would be the most effici...
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Hey BP,So like the title says, I screwed up!Okay, story time.I rented my place to three tenants that met each other online. I did a background and credit check on all of them and it looked good.I requested a cashier's...
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I am 18 and would love to begin investing in real estate, however, I am too young to get a credit card to use to build credit. Since I can't build credit I can't get a conventional loan from a bank. The only other opt...
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I have acquired this property with a decent margin and I am split whether to rent and collect 600 positive CF. Or flip and net about 50k plus with a full scale rehab.
Here are the pics of the bath which is dated....
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Thought of this last night...sure it's nothing new:
Before you sign a tenant, visit their current place of residence & speak to the neighbors. "Was the occupants loud? Any trouble caused? Was the grass ever too h...
Sorry for the long post...
My renters just re-signed their 3rd lease with me at the beginning of March.
March 15 the man left. When I contacted him about moving and paying rent he told me that he would not help, gi...