Mark Ainley
Property Management Horror Stories
It has been a while since I have seen any tenant/property management horror stories in the forums. It is important we share these experiences as investors even if we might be embarrassed about the circumstances. You...
James Erickson
Should I reimburse tenant for this?
A new tenant had a small water leak in her apartment due to a clogged drain. I cleaned up the water, which did not damage her belongings since it was minor. I had to shut the water off to the apartment since, at the t...
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...
Ramona Huot
Toilet brand to buy?
Hi everyone, anyone recommend a good brand for toilets. I'm a landlord of a 2/2 condo that I've owned for almost 20 years
and it's time I to replace both toilets. I spoke with a handyman a friend recommended to insta...
Jayden Hamilton
is it bad to own rental property that has a basement
Is it bad to own rental property when it has a basement due to potential flooding and getting water in the basement?
Gaurav Mehta
How do you do property maintenance ?
Hi,I am just finishing my rehab on first investment property (SFR).House was owned by an old couple so was in a pretty bad shape. Had to do almost everything (roof, lights, kitchen, bathrooms, flooring, doors, windows...
Alex Aronson
What % of gross rents should be allocated to repairs
Hello,
Just finished my taxes for 2008. I noticed that my % of cost from repairs compared to gross rents was 4.7%. I currently budget 10% of gross rents for repairs. IE if rents are $800 a month, I set aside $80 f...
Account Closed
Landlords, do you REALLY get "calls about clogged toilets at 3AM"
I know probably some of you actually have. What's a typical year like in the landlord-tenant relationship, though? Do you expect two or three issues per tenant a year or two or three a month? A week?Thanks for any rep...
Eric Samuels
First year interest free loan for basement work on duplex?
Hey everyone,So I closed on this duplex in Philly end of September and I am house hacking. I’ve already spent a significant amount of money on fixes. Some fixes I knew about before closing and some that I was unaware ...
Shean Rhoden
New Landlord in the PA Pittsburgh area... Any advise?
Hello,I recently purchased a multi family investment property in the surrounding Pittsburgh area of PA. The property is fully occupied with great tenants at the moment. I have property management in place so I wanted...