Cameron G.
HELP ME - Big Decision to make
Hi everyone. My name is Cam, I am 24 and live in Nashville with my wife. Long story short, I am currently a law student [also getting MBA], but I have decided that a career as an attorney is not for me. I am going to ...
Dimas Espejo
Friend and His Grandma are Moving Into my Rental
Hello My Fellow BP Members, So I have a friend, who is in desperate need of a place to live. He doesn't make enough to pay the rent on his own, but is moving in with his Grandma as well, who receives a Soc...
Dacia Ray
How to intentionally rent to high risk tenants?
I know that the vast majority of landlords and property managers will have a simple answer to that question: DON'T.However, I'm interested in building my MF rental investing and property management business in New Yor...
Account Closed
Transfer Taxes on Double Closing
How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...
Alex M.
Bank account for rental properties
So I am about to collect my first month's (plus last and security) rent on my first property - rental application in, background checks complete, initial deposit provided in the form of a check... but I don't have a b...
Monica Boyles
Can you assume 1st mortgage if buying property at auction (in California)?
Hi all. I've been looking at properties going to auction. Typically it's the lender of the first mortgage that is foreclosing. But occasionally I'll see a property where the it's the lender related to a second mortgag...
Vince Greenland
security deposit criminal complaint
I just received a judicial complaint regarding returning a security deposit. subject lease was until October 31 , 2013. tenant sent me a text on 9/12/13 that she was moving out the end of September, which is obviou...
Ron Gallagher
Starting a "Group House" (Rent by the Room) Questions
Hi all,I am buying a massive 4 level row house in Washington DC and I will live in the basement apartment unit and rent out the six bedrooms available on the three upper floors. My questions are--1) Do you have the t...
Calvin Lin
Extremely high utility cost
Hi folks,I have a sticky situation at one of my condo rentals in Raleigh, NC. It is a 4 BR unit where I pay the utilities. The renters are all students at the nearby State U. The electricity cost is paid by me due ...
Chris Kelly
Tenant smoking weed but can't prove it
Good Afternoon. I'm in vermont where it is legal to smoke weed. I have a clause that says you can't smoke anything in the building. There is constantly weed smell coming from this unit. Maybe I'm being too nice but I ...