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The tenant wants to put a tub in the back yard. They will pay for the purchase, installation, usage and maintenance of the tub. They will also be responsible for any possible damage to the house (such as leakage). Whe...
Earlier this summer, my wife and I bought an older city town home that we renovated lightly (updated bathroom and kitchen), within a reasonable budget. We ran into a 2 month setback with our first contractor and decid...
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Question: How many of you make $120 per month on your investments? Original investment say $4,500 all in. No maintenance costs. No cleanup costs after a renter leaves. You can evict them in 60 days. You can writ...
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Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
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I love animals. Well; unless they are trying to hurt me - then I don't like them. But in general; I have had, and enjoyed having, pets. But now I do not have pets. I don't like the smell of them, I don't like cl...
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I received a text message this morning from my tenant saying that over the weekend he replaced the kitchen faucet. On one side it is nice he is taking care, BUT I am worried about falling into a game of repairs and m...
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How are you handling vacant units during this mess? I have one vacancy which I've held off on and another coming up at month's end.Are you showing them, is it legal?
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BP Experts,
I have a tenant in a property nearing the one-year mark of a two-year lease. She just contacted me and told me she and her husband are getting a divorce, and she will no longer be able to afford ...
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The house value is around $50k.
The amount of repairs are around $20-25k.
He owes $30k, but is up to date on the payments.
He recently bought a new house and will have to pick up both monthly payments by September....
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Hi BP I live in Georgia and I am in the middle of deal I put under contract subject to with the seller who is in then process of a loan modification and I am selling it with a lease option with the buyer that I have u...