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I'm taking a cursory look at a Boat and RV storage facility. So far all the numbers look fine and I'm wading through the due diligence process to get some hard data. The only thing I am concerned about is the distance...
Hi Everyone - Just thought I would share an experience that I just had on my own. I didn't have a model of due diligence with my latest effort. All I had was my assumptions, and however you want to break up that word...
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Hello all,I have some properties in metro detroit area that a friend is helping to manage but lately there have been more than usual amount of maintenance issues and I am looking for a handyman that's my "go-to guy" -...
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Does anyone have a sample for an introducton letter to inherited tenants?
I don't want to miss important points, so if anyone has an example it would be appreciated.
(No replies in the Landlord/Tenant forum. Trying here instead.)Hi BP Community,Have a question regarding creating an LLC (or other form of business) to "manage" my rental unit (currently just one, may be 2 in the near...
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Gerting ready to get involved with my first real estate flip. Looking into using a hard money lender to build funds until I can pay cash. Wanting to know some pros and cons of going this route. Trying to get as educat...
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Hi everyone, I'm new to BP and have been reading and learning. But I didn't find a direct answer for the "action" I'm going to take.I'm looking to purchase a rental property in the price range of $100K to $200K. I nar...
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Hi, I got a potential tenant that has a service dog. I check tenant Facebook page, her dog is a pit bull. Is it legal in all 50 states to take a pet deposit for a service dog? I usually only take $50 for pet deposit (...
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Hey BPers I am scheduled to close on my first 4 unit building in the next week. I have been planning and saving for what seems like a lifetime to buy my first investment and now that it is happening I'm so nervous!!!!...
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Thinking of giving my tenants a small Christmas gift this year and want to know your thoughts. More of a small "Thank You for your business" - thinking a $25 gift card for the local grocery store and a box of chocola...