I live in a duplex that I own in Los Angeles. I purchased this property about a year ago, and the tenant had been living there for a long time.Originally, there was a security door, and the entry doors of each unit we...
Im a newbie and I would like for anyone to give me pointers in obtaining landlord insurances for my properties. They are in a Class D neighborhood but I need to protect myself against suits etc etc. I would appreciate...
Hello BP,My tenant attempted to turn on the gas to the fireplace and apparently gas was leaking. After having a plumber go out to check for a gas leak there was apparently one in the fireplace. Thank God the house did...
I am purchasing a property with two out buildings. There is personal property in these buildings that may, or may not, belong to an inherited tenant. If the tenant does own this personal property, it indicates that ...
So after multiple days of researching this topic I’ve seen very few investors agree on keeping knob and tube wiring. I understand the additional safety concerns it can possibly bring as well as possible inefficiencies...
When a seller is selling a house using a real estate agent, are there more fees to consider than these?Realtor fee: 6%Closing cost: ? Holding % : ?
Has anyone ever seen this? I'm getting bids for a project now and there is no management fee. The other ones I am getting have contractor fees of $20-30k. Is it that he has low overhead? Thanks! Amanda
Here is the scenario:I just purchased a property in Connecticut. The old owner is in assisted living an left anything he didn't want (trash out was negotiated as part of purchase price). The seller left a number of gu...
I recently became in contract with a 4-plex property and during my due diligence I figured out that the building has been with Housing and Dangerous Buildings department of Sacramento since 2012. So no city inspector ...
Hi BP Members, In correspondence with an insurance agent on a policy, agent took the liberty of sending over a list of "unacceptable risks" (listed below). The agent suggested I include it in all my tenancy agmts to e...