Michelle McAlister
Tenant destroyed property upon eviction
My tenant in Florida destroyed unit (duplex) upon notice of eviction. Broke windows, punched holes in all the walls, damaged appliances. Do any of you file legal action to collect or do you let it go? I have a prope...
Mel Park
Rehab and Flip: Just can't get my 1st deal
About me: 47, family, did well in my small-business life for 20+ years, up until about 2019...grrrrrr. Luckily have a decent nest egg, barring major depression scenarios, I think I'll be 'ok' with a a few lifestyle cu...
Shafi Noss
Is Depreciation Worth Anything?
I see a lot of investors get excited about depreciation because property values usually go up, but investors can report they went down on their taxes.I am skeptical this is actually an advantage.For example, commercia...
Account Closed
Seller not responding with 2 weeks until closing
Currently in the process of buying a home (or so I thought) and I just got the appraisal with two weeks until settlement. The appraisal was $10,000 less than the price we agreed on. Seller was also paying full closing...
Roy N.
Apportioning costs associated with taking a second mortgage
[Note: I initially posted this topic with a poorly worded title - thanks to autocompletion on my phone - here. I am reposting with a new title and have cleaned-up the narrative].
I've been ap...
Ben Smith
What should we do?
Our story starts over two years ago. We moved to the Atlanta area from out west with a job transfer and bought a new home in a subdivision that at the time was building and selling homes at a rapid pace. We purchas...
Steve Sayler
Fired Prop Mgr, now getting charged with "Cancelation fees" - Is there a solution?
Owner Termination - Cancellation FeeSomething you never hear about is HOW can an owner terminate a Prop Mgr!. In my case I was fed up with lies and incompetence, and switched to another local Pro mgr company. but I a...
Anna M.
Not going to raise rents: Smart or just Naïve on my part?
I really do not want to raise the rent, but am I being smart about this or just being a naïve newbie landlord? I am a newbie at real estate, landlording and property management (going to be 1 year on May 4th 2016). ...
Miriam De Haro
AC unit was stolen after final walkthrough and before I got keys
Hello everybody! I find myself in a little trouble. Hopefully, someone will be able to provide advice on how to best tackle this; I would greatly appreciate it. I recently purchased my first house hack in Texas. The f...
Patrick Connell
Are Slumlords really that bad...
I was driving into the office today and had this thought.....are slumlords really that bad? Hear me out and then you decide.
I think it's safe to assume that most of the folks on BP would consider themselves ...