Robert Steele
At what point is tenant not responsible for paint and carpet condition
I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...
Gavin Shuler
Charge for re-keying after tenant move-out
Do you charge tenants a fee for re-keying the door locks upon move out, IF they turn in the keys to you? A co-worker of mine recently mentioned to me there is a re-keying fee ($80) upon move-out that will be subtracte...
Sarah Brown
Security deposit for tenants in middle of divorce
I'm renting my home out to a family who are in a middle of a sticky separation. They are unfortunately not being very civil at the moment and as their landlord, I'm somehow caught in the middle of it. The lease ends i...
Daray Olaleye
If a Tenant breaks a lease with a few months left...
Hey Gang -I've been having some turnover in some of my units as of late (which is always fun - haha). My most recent notice was from a tenant looking to break their lease 5 months early. I'm pretty lenient on security...
J.D. Barton
Rent or sell that is the ?
This is my first time posting on here... so don't beat me up.I have a townhouse in montana that is ready to rent. Let me lay this out. We bought this townhouse for $176000. We currently owe $128000 on a 15 year mor...
John Wigglesworth
Hwy 1604 / Hwy 90 Buy and Hold
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $86,000
Cash invested: $14,000
My first investment and a good low risk start. 2/1/1 purchased from online auction....
Shonda Williams
New Wholesale investor
Hi so I’m brand new to wholesale investing just actually took action and started my journey about 5 days ago. Does anyone have any tips or ideas? Anything is appreciated thanks
Jon Pinkerton
Comingling rent payment
I recently leased a residential property that is titled in a trust. I was delayed in getting a checking / operating account set up as I needed to consult with my lawyer on the proper name that should be on the accou...
Jeffery Waicak
Security deposit question
I had some tenants move out. They were there for a little over a year. The security deposit was $550. The carpet was brand new, is now trash. I read carpet has a 3 year lifespan. So when I get the quote for the carpe...
Geoff Harris
Fire damage to rented home
Hello BP!Our SFH rental in southern Idaho was severely damaged by a fire. The investigation is incomplete, but is suspected to have started outside the home. I have a Landord policy covering the dwelling, appliances, ...