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My family and I are about to buy our first STR in Florida. We are purchasing in a nice community, so I'm making the assumption that the possibility of theft from outside parties (non-tenants) will be low. But what i...
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Ideally, I wouldn't want either a tenant that smokes or has a pet.
But, in these uncertain times, if you had to choose one, which one would you choose?I know smoking leaves smell on the carpets, but won't pets do th...
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Hi folks! I'm at the start of my investment journey with the goal of owning property by September of 2024. House hacking drew me to real estate and my ideal situation would be to purchase a duplex in Boston to do so. ...
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Hello Bigger Pockets! I am experiencing my first vacancy and wanted to ask a question concerning the security deposit. The tenant really did a number on the place and I want to make sure I’m in my legal rights to keep...
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I've been to see an REO that's been sitting on the market (built in 1970). It's in reasonably decent shape but it does have aluminum wiring, which I would need to have replaced for insurance (and safety) reasons if I ...
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I received a letter from my HOA stating I need to replace my roof.
The paragraph the HOA letter identified is shown below. I know there are some HOA with other hidden language in their docs that can give them additi...
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Hello BP!We are considering purchasing a distressed home - it has a pretty bad mold problem. We planned on gutting the entire house down to the studs anyway - my question is will this go a long way to solving mold iss...
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Morning All:
I found myself in a discussion with a contractor friend talking flooring in my latest acquisition. We were in the local grocery store (Ralphs-out here in southern California). . .
. . .and the ah haaaa...
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Hi BP! Once a tenant leaves and you have to get your property "fix-up" ready for a new tenant, what are you allowed to use the previous tenant's security deposit for?Are you legally allowed to use it to fix "wear &...