Thomas J Kerns
House hacking: question about tenants
I am looking to dive into REI and I've decided house hacking is the best route to go. One of the things I am concerned about is tenants knowing their landlord is a door away and knocking on my door about any and every...
Lyall Storandt
Granite countertops in your rentals: yea or nay?
Just curious what everyone's take is.
Is it worth it to spend a little bit more to have granite countertops installed in the kitchens of your rental houses? Will it help you secure a tenant faster? Can you charge a p...
Ken A.
Help! Drainfield Failing - Any ideas? Thanks
We have a drain field on 60 year old home that is "failing". Everyone's solution is "get a new one" - wow..genius. Anyway, any other ideas? House for 60 years didn't have a drain field problem. In advance, ANY ide...
Caroline Lowe
Looking for advice from expert investors!
I am a new investor just starting out. Fortunately, we already have a rental property but I really need advice on how to proceed. My goal is to have at least 5 cashflow properties in the next five years. Would love...
Ed O.
Vacation Property Rental Analysis
I'm helping a friend that's looking into buying a vacation rental in a ski resort area. I have read a bit, but still have a bunch of questions.
1. Is there a general average for the management fees, and what does th...
Ronin Crimmons
Which investment makes more sense?
We can't decide which option is more beneficial.I have $300k to invest in a rental property. I would like to buy a single family home in either East Long Beach (3 bed, 2 bath) or in Rossmoor (Orange County - 3 bed, 2...
Alfredo Cardenas
Total Rental Properties Losses
Hello,I am new to investing and I lack knowledge of how to use my passive losses from rental properties. or more than lack of knowledge, I just don't think my CPA knows this topic well. Lets say that i have a total o...
Cody McCraw
Tenant Filed Bankruptcy During Court Proceedings
I just recently started listening to the BP podcasts and haven't been on the forums yet so I really hate that the my discussion on this forum has to be a bitter one, but I've found myself in less than desirable situat...
Nathan Gesner
This is why you should inspect regularly!
Just because a tenant pays on time doesn't mean they are "good" renters. This tenant always paid early, communicated well, never had a single lease violation.Our office policy is to inspect at least once a year. One o...
Ed O.
Tenant emergency procedures
[b]Had a close call recently. Had a wonderful 2 handle faucet that was slightly running (smashed washers, couldn't shut off 100%) and a tub drain that couldn't keep up with it. Luckily we were able to avoid a big disa...