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We rent a 40 year old house and on Sunday night, we smelled gas inside. We called the gas company and then sent out a guy who found 2 leaks: the stove regulator and an old in wall heating unit that is supposed to be i...
I recently contracted with a home repair company to install a tile floor. He came highly recommended by a friend. The installer suggested using two layers of 1/4" backer board instead of one 1/2". Now the grout is ...
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Hello!I only have three units so far so I'm still relatively new into being a landlord, so I'd be interested in what advice other landlords may have for this situation. My duplex is currently fully rented. One apartme...
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I have a question about being your own general contractor on an investment property. I am not a licensed contractor FYI.
I've secure a commercial line of credit with a local small bank, which is great, but t...
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If I buy a property "subject to" from a seller in Preforeclosure. I make up the back payment of $7500. What if the seller then files Bankruptcy? What protects me, if anything, from loosing the property and cash?
Is ...
My son and his cousin have had a lease for a year. They have been good tenants and paid on time or early the whole time. The cousin has decided that he does not want to renew the lease but my son does want to. The lan...
Hi BP,
First time posting. I am currently at contract for a 2 family. The house it set up as a two over two.
Tenants currently in place and would like to stay.
Property cash flows nicely and the rents are below m...
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Hello!
I am looking for recommendations on the best receipt tracking app that will allow me to export data my accounting software. We use QBO plus but some of our expenses are paid for with our personal accounts which...
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I'm looking at a deal where the wholesaler is saying he cannot guarantee a clean title. Apparently he purchased at a tax sale. How would one proceed with a deal like this with the risk that the title is not clean? I a...
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Has anyone ever done a deal which included a proper and complete residential fuel oil tank decommissioning having been performed by the seller personally (not a hired contractor), using cat litter, then never having ...