What has been your personal experience with Lines of Credit being frozen? I'm thinking of using combination of LOCs and HELOCs to serve as my reserve funds, but I've been warned several times that this can be risky. ...
Hello all,I am starting out on my journey to financial freedom and REI.I am a recent college grad starting my first real job at the start of 2019 in Birmingham, AL. I have begun reading Scott Trench's Set for Life and...
I recently purchased a triplex in Wisconsin that is heated by propane. The tanks are rented from a local company. Recently, we had a tenant call and inform us his unit had no heat. We asked if he checked the tank and ...
I have just purchased my first rental property, and I would like to have a property manager manage it. I am reading the agreement that I received from a PM that was recommended to me, and there are things in that mak...
Hello BP,
One of my renters is becoming more and more of a total thorn. I made a huge mistake giving them my cell phone number too. Texts every night about little small issues. For instance, she texted me tonight as...
So I brought my first property at the end of June. Its a triplex that currently has two of the three units rented out. I'm living in the 3rd one. The owner before us was the landlord and had done all the repairs and r...
Hi there!Can we as landlords evict a tenant for failing to do anything our property manager requested to prep for hard freeze, which resulted in a burst pipe in kitchen and water damage (left water on to house overnig...
My property manager is extremely reluctant or just has no urgency when it comes to larger repairs/ maintenance. 1 example: My properties sewer has tree root intrusion and I asked them to get a quote 2 weeks ago, and ...
Aloha, I got a couple of questions about Notice to Enter here on Oahu. I am trying to get access for my rental property for rental photos purpose. However, the tenant was out of town and did not respond. There’s coupl...
I have a bit of an oddball question: what is the standard practice for who keeps a spare (emergency) key to a rental property? A property manager that I'm considering hiring claims that the owner should not retain a ...