Aaron Norris
Property Management Annual Check Up
Do any of you landlords do an annual property maintenance call? 2014 was the year of exploding water heaters. Just curious if anyone has a regular routine they do every year?Example:Check water heaterCheck all skins f...
Shiloh Lundahl
2020 Mid-year Goals Check-Up
Wow! 2020 is now half way over. Who would have thought that the country/world would be where it is today. It is not where I thought it would be. Nevertheless, here we are and it’s time to take an accounting to see whe...
Soh Tanaka
Furnace & AC check up worth it?
Do you hire a professional service man clean your rental property's furnace and AC? Is it worth it? How often you do it? I feel like it's not really doing anything, but I could be wrong. Thanks!
Andre Thomas
Setting up business checking account
I recently formed my LLC and I'm in the process of setting up my business checking account. The only issue I'm having is selecting the correct NAICS code. The nature of my business would be to fix & flips and virt...
Domonique Hudson
Realtor screwed up my check
Hi Guys/Gals,I have a wholesale deal in place on a bank reo. I got the property under contract at $54,500 and I'm going to wholesale it to my end buyer for 59k all cash using a simultaneous close. My escrow company ha...
Mitchell Krotz
STARTING LLC/CHECKING SET UP
Hello All!So I have my first full time rental property now up and running and I have a few questions on how people have handled their finances. I created 2 LLC's. One specifically for the house, and another (the unb...
Edita D.
Check up on fire alarm/CO detector and fire extinguisher
Hey guys,
per CA law, there needs to be an ANNUAL fire extinguisher checkup at the property, that needs to be performed by OWNERS/AGENTS/PMs. Also, there should be BIANNUAL change of batteries in fire alarms, performe...
George P.
Security check bounced ... I screwed up!
Hey BP,So like the title says, I screwed up!Okay, story time.I rented my place to three tenants that met each other online. I did a background and credit check on all of them and it looked good.I requested a cashier's...
Jeff B.
Just picked up first rent check
Picked up the first rent check today. What a great feeling!!!
Bought this SFH in Feb for 65k, put 11k into it. Realtor valued it at 112k after the rehab was complete. Monthly expenses are going to run just shy o...
Ciro Cuellar
Mock Up Lease Check (Attorney Needed?)
Hi, starting to fix up my first rental property and used one of the BP lease forms to use as a blueprint but how/should I get a real estate attorney or appropriate guide to look over the lease and let me know how to f...