Robert Howard
Property Manager fees
is it customary to give up the first month's rent to a property manager? Can some share what their agreement is with their PM.
Douglass Belt
Install of fixtures-can tenant take them back?
Good Morning all!
I have a tenant that may be moving out in the next month or so. When she started renting the house, she installed new light fixtures with a ceiling fan in two of the bedrooms. It has been...
Bao Nguyen
Which is worse: having an eviction or a felony?
Experienced landlords and property managers, I need your advice and opinions. If you had to prospect tenants to pick from, which would you pick?Applicant 1: has an eviction from 2 years ago, with a writeoff of nearly...
Jem J.
A tenant's text: wood flooring
Hello BP ,Herewith is a copy of my tenant's text. She is renting one of our rentals which is on a high end complex. (High ceilings with exposed beams, 2BR 2.5 Ba, all granite counters, all hardwood....and at least 20 ...
Clarence Taylor
property management questions
I'm interested in interviewing a property manager or management company. Seeking various questions to make sure I cover all basis before I turn my properties over to them.
Roy Coons
Collecting for damage from a holdover tenant
Hello,We purchased a 4-plex in June and all units are occupied. One tenant was on a month to month and the place was filthy and smelled and in dire need of work. We have a PM so we asked them to request the tenant mov...
Joe Einbinder
HELOC, or refinance??
Hi all. Hate to start on a cryptic note here, but my father passed away about a year ago. When that happened, I inherited a condo (free and cLear) which appraised for about $165k. I would like to use it to buy another...
Ron Cole
How should the assignment contract be worded to protect me
Hello BP....I was wondering about the assignment contract and how should it be worded to protect me if the buyer backs down or whatever else that can go wrong. I may have my first deal on my hands. A multi-family 5 ...
Andreas W.
Questions about selling rental in Pennsylvania and 1031
Hi.
I will be selling a rental in Pennsylvania and are considering a 1031 target property in north Carolina where I live.
Does anyone know what profession acts as a QI in Pennsylvania? Can it be the closing attorney...
Sue Ma
Business checking account
Hi all,
I'm curious to know which bank you have a business account with for handling your rental property transactions. I usually use Chase but recently moved my properties under an LLC series and Chase does not do ...