Patrick Shawn Faherty
Thoughts on these fees from a Property Manager?
I just received and "updated Property Management Agreement and was curious if these fees, etc. seem normal. I'm new to this as I currently only have one rental property. Thanks it advance.Manager agrees to maintain, ...
Bryan Hancock
What is the Highest Your FICO Score Has Been?
Does anyone track their FICO score? I know we have some competitive folks on the forum so I was wondering how high your score has been historically.
Any takers?
Vishesh Shah
Help! Need Advice Whether to Close or Back Out of a Solid Deal!
Hello fellow BP'ers, I have a slight issue at hand right now. A few months ago, I acquired a solid deal - 2 two-families that are adjacent to each other in Paterson, NJ for $125,000 each. They were off-market and I kn...
Samantha Serenes
Tree roots and fence issue
Hi, I need advice, please. Should I hire a lawyer or should I start fixing all this mess? Sorry for the lengthy story. The house I bought a year ago has a shared fence with a neighbor. At the end, there are 2 gates on...
Mark R
Anonymous Landlording
In the past my tenants knew us as the landlords and owners. They'd call us if they had problems and issues. In the future we are going to take the advise of others and stay anonymous as much as we can.
Do you guys w...
Sameer Kh
Should I sell my losing SFR rental or continue to hold on
Hello BP folks,
I have an interesting situation for one of my rental property which I purchased in Feb 2016 for $109K.
The property has now appraised for $130K and I expect it to appraise at the same rate. I put dow...
Wade G.
Are SFHs worth keeping more than a few years
I have tried to figure this out but I get lost in the details. I have a couple of houses that I have had for over 10 years and a couple for only a few. I'm trying to figure out if its worth keeping them that long or...
Jerry Rubinow
Need financial help on rental decision
My two sisters and I inherited a house on Cape Cod. We spent our childhood summers in this house and don't want to sell it, but neither do we want to spend our own money on upkeep. So we decided to make it into a re...
Derek Scott
Should my business entity manage my SFR that I personally own?
This is largely a tax related question, but if there are other legal or financial or insurance things I should think about, please chime in.We have a SFR that is the first rental unit we owned. We used to live in it....
Curt Bixel
Is this clause typical, or should I be concerned?
I am considering putting a duplex under management by a short term rental company. The contract they sent me contains the following clause:b) Indemnify, defend, and hold harmless the Agent, and all persons in the Age...