Art Maydan
Tenant Wants Foster Children
Hi Everyone, One of my tenants in a triplex are a married couple with a baby and two dogs. The unit is a 3Bed/2Bath in Chicago. Their lease is up mid-2018. They told me they've started the process of hosting one to tw...
Fred Mejias
Self Property Management - Should I do it under LLC?
Hey BP community,Hi my name is Fred, I am in the process of finishing up my first investment deal. I bought this under my name. I want to self manage this property. I was thinking I should do this management as an LL...
Nerissa Marbury
Rental Insurance Question: SFH Multi-non-family tenants
I have a SFH with three non-family tenants. I am requiring rental insurance for the first time this year - $1MM liability and me listed as an additional insured.Question: If two tenants got rental insurance for $1MM e...
Nick Marsch
First Time Managing Properties Myself!!
Hey Guys,
My partner and I just got approved for a loan to buy 5 college rental properties. My partner and I are both in our last year of college and have never managed properties before. We are going to manage these...
Elijah Williamson
How to run background and credit checks on potential tenants?
Hey guys, I'm now ready to start finding tenants for my first rental property. I just finished rereading Brandon Turners book on managing rental properties, this time with a highlighter and notepad, and I'm wondering ...
Jane S.
More Freaky Follies From Friday’s Rental Journal
NEVER remove for rent signs or cancel internet rental ads, until lease is signed, cash paid, and new tenants are in process of moving in!I had an applicant whose application showed NO debt, NO loans, etc.The screening...
Nick Mace
What's a Fair Notice for Evicting Tenants After Purchase?
Hello:I've just closed on my first IP (4-unit) in New Hampshire. I need to do some renovations/updating that requires vacating all the units, and I'm wondering what a fair amount of notice would be to prevent the cur...
Preston C.
Realtors Touting Market Crash
I’ve seen a lot of agents lately talking about the market crashing soon, and using that to their advantage to get people to sell their home. Is that really legal for realtors to do? It definitely doesn’t seem ethical ...
Jacob Bopst
Under Contract, Created My LLC, How does my LLC buy this home?
Hello all you lovely real estate people!
I'm under contract on a property and I have signed this contract with "My Name and/or assigns". I have created an LLC for this property and I need to buy the property with th...
Steven Dzuris
Multifamily financing with a partner
I am a new investor and have been following bigger pockets for about a year. I now feel confident with the underwriting after doing 100’s of practice listings but confused on the financing. My scope is c+ single famil...