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We had a closing date of Dec 1st 2022. The buyer was "pre-approved" by this lender. They asked for a 3 week extension which was the first red flag. I amended the contract for a Dec 23rd closing. On the evening of the ...
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Hi, BP community,We are meeting our first tenants tomorrow. I've heard it's best to tell them we are the property management rather than the owners.What other advice do you give?Thanks in advance.
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Hey guys, what is your take on what is happening in Alberta with the oil down?rents in Calgary are already going down and vacancy rate is above 5%some experts predict oil to go down to $10 per barrel, that would put e...
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My tenant called me last night and said that her daughter plugged in an iron in her room and that it somehow set off the circuit and there is no electricity in her room. She said that they unplugged everything in ...
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I own a multifamily property in which Landlord pays for water since it is not separately metered. I will start instituting a fixed price bill back to tenants but it would not cover 100% of the water bill (if I wanted ...
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Hi everyone, I’m a rookie here from Northwest Florida, and I’m not sure if this is the right forum for my post, so please let me know if I should move it elsewhere. Here’s a quick summary: I’m retired but finding myse...
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As an appraiser my opinion of the housing bubble is the fauld to the mortgage lenders. Most of the time, when doing an appraisal, if the report did not come out to the expected market value of the property, the lende...
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Hi All,I'm a reasonably experienced SFR investor, having bought, renovated, and managed a dozen units in Atlanta for some years (started late 2007). Much of this was me personally, until having a family and then in ea...
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So here's my very first horror story of landlording if you'd like to call it that.
Tenant says she never goes into the basement because she doesn't have anything down there and thus has no reason to go. Two w...
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As I'm looking to buy my first rental, I've accumulated a solid list of 4-5 agents/brokers that fit my criteria (on paper). I've scheduled some time to talk to all of them to get a better sense of how their skill set ...