Tony Castronovo
How to inform a prospective tenant they did NOT get approved
After screening prospective tenants and making a selection, am I obligated to let the applicants who did NOT get approved know why they didn't make it? Not sure if it's best to "say nothing"....be vague....or tell th...
Alex S.
Single Member LLC and Limited Liability?
Hi Folks,I am looking to purchase my first investment property (either a SF home or less than 5 MF units) and plan to hold it in an LLC, with myself the only member and the member-manager. A couple questions about th...
Michael Hallahan
"Per Diem" truck driver pay and qualifying for a mortgage.
Im an over the road truck driver, and my company offers a "per diem" pay package. In this pay plan, a significant amount of my pay is paid as non taxed income. In the images below, ive included the documents they prov...
Cody Evans
Part Time Real Estate Agent
Hi Agents,Brokers and knowledgable professionals.The plan is getting my license but I have a W2 job(teacher) for 50k a year that is from 730am to 3pm in the afternoom mon thru fri excluding holidays,breaks, summers. I...
Stewart McMillan
Badmouthing tenant's attorney. Are there consequences?
I'm in the middle of a dispute with some tenants. The building's manager, whom I've known and worked with for 7 years, says that these tenants seem nice/normal and she hasn't had any problems with them.Unfortunately t...
Helen Zhang
Do I really need a survey?
Hi BP community, This isn't the first time I'm doing a cash buy for properties, and I have never purchased a survey for properties before. However, this time it is different, I am buying a trustee sale. Should I purch...
Christa P.
Best practices for showing, screening, and renting
Will anyone share some of their best practices for the following?Showing a house - follow them around, let they look at their leisure, ask lots of questions, which questions to ask, hand outs with information on utili...
Rachelle Richardson
Advice for First Rental Property
Hello! We are looking at properties that already have tenants. I am wondering how that process works (lease, rules etc. that are already in place from previous owner). Do we write a new lease and have them sign? Do we...
Willie Cedillo
Tulum Mexico Short-Term Rental
Hi BP!
I got into a pre-sale for a condo in Tulum, Mexico with the idea that I would Air BNB it and also go in visit through extended periods. I'm supposed to receive the keys this summer and they have been making gr...
Kimberly Gillock
student renters
Hello BP community! Landlording question for you all -- I am under contract for a SFH by a university, closing in early April. Wondering if anyone had advice on renting to students? I would ideally rent to grad stu...