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Should I make an LLC before I purchase my first rental property? If so, which state is best to keep my name anonymous? I know some states are better than others for this. I am living in California and plan to invest o...
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Question: how long do property managers normally allow for cleaning/repairing a property once a tenant leaves?Our old townhouse in Raleigh was having a difficult time getting rented out. I had lease-up agent list it ...
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I am looking to buy a house in a new area to fix up and flip.
Before making my bid on the house, I was trying to find a General Contractor to walk through the house with me and give me an estimate for repairs.
I als...
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I own a STR lakefront home. My neighbor from across the street (not lakefront) approached me with this idea: he will buy a pontoon boat to dock at my house. Renters can pay extra to rent the boat. Simple enough. How w...
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PETSThe current lease does not include pets however, if desired, the lease can be amended to include 2 small pets. We realize that many families like / desire pets however, all pets do impose a significant amount of w...
My tenant called me regarding a broken door, I had scheduled a repair on the door the following Monday (5 days after the call) however when I arrived the day of with a contractor, I found the door to be completely unu...
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I woke up this morning to the sound of someone banging my door. Turns out it was an old/ex tenant that moved out earlier this month. He was upset to find out via mail that he is not receiving any of his security depos...
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Hello everyone,I am new to real estate and myself and father are new landlords also. We purchased a nice triplex and I am a bit concerned about having to pay for heat and hot water. At some point we will figure someth...
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I am a tenant living in Chicago. I lived in an owner-occupied building with 2 total units. I moved out March 30, 2024 and just recently received a letter from the landlord (54 days later) with deductions and reasons...
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Hi BP family, So I live in California and want to buy property in Maryland, (buy, rehab and hold). Will it have a tax impact if my LLC is registered in CA and doing business in MD versus having it registered in MD wh...