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When to replace A/C & Furnace?
Hi all! I'm new to BP and was hoping to get some advice. I have a 25 year old single family home with its original A/C & furnace. The A/C unit is pretty rusted outside but still functions. However, my tenant notif...
Alan Asriants
The Rental License Guide - Philadelphia
I know that a lot of newer investors have trouble understanding the rental license process in Philadelphia and what must be done. Below is a step by step process of what you need to do to get a rental license. Once yo...
Chris G.
HOA incident report and insurance
One of the units we managed flooded due to the unit above having a water leak. I contacted the owner of the unit above and they're refusing to pay for a majority of the issued caused, so the us and the owner has agree...
Paul Barber
Eviction / Tenant Bankruptcy
Hi BP!Yesterday, I got a default judgment on a 2-count eviction (for nonpayment AND for a confrontation with the property manager involving the police). Today, I found out that they filed for bankruptcy protection. My...
Kelli Huang
Husband and wife use VA and FHA
I know the basics of VA and FHA but you don't see this kind of situation too often. So I bought my primary home with VA under my name only more than a year ago. My husband does not have a mortgage and is not on the ti...
Jacob A.
Asset Protection: Setting up a property management company as LLC
I think I came across this idea on BP but cannot find that post. Basically to protect from lawsuits one creates a property management company as an LLC. You rent the property to the LLC and the LLC sublets it to the t...
Marty Happle
Title Insurance
I bought a house cash to flip on April 17.
On the HUD I have this for title
1101 Titles Services and Lenders Title Insurance $750
1103 Owners Title Insurance ...
Robert Ablorh
Roof
Hi, I have a roof that need to be change, but any time i request for an estimate they come back and give me options. They said i have one layer and i add another layer to it, do any body recommend this. It's a rental....
Eric Aldridge
Rent, sell, or refi in San Diego
Good morning you happy people. The wife and I own a 3/2 house in San Diego with a studio apartment in the converted garage. Current estimate for the value of the property is $1.6m and we owe $900K. We are able to add ...
Christian Busch
Where to invest in South Florida now
The Miami market is continuing to show price growth and some inventory growth. Inventory for single family homes continues to be very tight and I see the best opportunities to invest in single family homes in establis...