Getting ready to sell a rental when I saw the most recent water bill balance was $20,000. Turns out, the (month to month) tenant was out 5 months ago before a pipe burst and the city turned it off. During this time my...

My tenant brought to my attention that there was a ceiling issue in their unit. I had a contractor come out to perform the repair but not before a piece of the ceiling fell. The issue is the tenant left valuables ther...

I listened to the podcast on asset protection, and honestly dismissed it for a couple of weeks. However, the more I am learning about RE, the more I realized that I need to have an asset protection, estate planning an...

I found this article interesting as I have been involved in title claims on numerous occassions. In this case, because the bank handled the recording of the mortgage and the bank was careless in its process they denie...

Hi allI'm new to the real estate investment and I had my first rental closed with tenants moved in November 1st (in north Dallas).Three days after move in I received a call at 5 am from the tenant saying the bathroom ...

Hi all,I've been advised to add a clause in my lease stipulating that tenants pay for a portion of repairs. The idea being that such a clause will prevent them from calling in repair people without thought. Historical...

Good afternoon BP Community. Hoping to get a few second opinions on a situation where we my wife and I had a 2 week renter and we're weighing the options regarding full/partial/zero refund of security deposit. We rent...

hi - after moving out the apartment manager had sent final account statement with additional charges of $1059 for replacing kitchen counter tops, saying they were damaged due to excessive water (my negligence or not i...

Well, the upstairs condo did it again. Their pipes froze and burst and flooded my rented condo below them. All the carpet has been removed to cement floors. The lower 2 feet of the walls cut out. She has to kee...

Read my story as I explain how one small property management lease omission can cost big bucks.What Happened:I own quite a few rentals in Bridgeport, Connecticut. After heavy rains yesterday, I got a phone call last n...