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Hey BP Pros!My partner and I, through an LLC, purchased our first two multi-family properties last year (one in April, the other in August), and I'm just now trying to get QuickBooks Online setup for our business. I'm...
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First off, thank you to this forum. Through advice given to others and lessons learned, y'all have helped me build a fairly solid list of rules/regulations for my future 4-plex. The issue today is I'm worried about sc...
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I'm closing at 2:00 today on a 6 plex building with 4 occupied units. They are a mixture of leases. The one unit has been occupied for like 8 years and is currently on a month to month/verbal agreement. 1 unit is 4 mo...
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Hello everyone,
My company has developed our Tenant screening process ver thoroughly and over many years. That said it's been a great learning process and has been successful in the markets we've been in.
Recently w...
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I am in New York State.I have a one year written lease with the tenant which will end on Oct 31, 2015. Rent was paid on time before. Usually I sent a message or a phone call to confirm the rent collection date. Howeve...
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Who are my opportunity zone experts? I have an opportunity to invest in a building/business in an opportunity zone in my hometown. I have some stocks to sell in early 2019 which will fund the purchase. How do I note t...
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Dear members!Just got this report from my management company and it says:"- Repairs & Maintenance - Plumbing repair - Bathtub needs to be snaked out. $294.00"Is this sounds reasonable?The bathtub is pretty small, ...
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The rental is in Tacoma, WA. We have had a problematic tenant for some time, but back in Nov. 2021 we switched from managing directly to have a property manager take over. Our property manager was formally introduced ...
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Hello everyone, my name is Bryce Veazey and am new to real estate. My wife and I are looking to move to a more affordable market to get into real estate and Minnesota is on the list. I'm hoping to network with locals ...
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We are receiving threats and demands from tenants who recently vacated.Our tenants, who you know were a total nightmare if you're following my other posts, finally embraced the happy clause and are out half way throug...