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...
Hello! I am in the process of purchasing a 3-family home. I am awaiting inspection in 2 days, however in the mean time I have been slowly acquiring information on the tenants who are currently occupying 2 of the 3 un...
I recently purchased a property in Wisconsin and when I received all the paperwork I did not receive a damage checklist or condition document from the tenants. Now one of the tenants is leaving and left cigarette burn...
I follow the financial independence forums on Reddit, and just happened to come across this one post describing one parasite's brilliant idea for how to get free housing. Depressing to think this is the world we live...
Had a vacant rental that we put online, a great applicant paid the deposit, prorated rent and was excited about moving in. Then, about 30 minutes later she called and said that her current landlord had changed their ...
Hey BiggerPockets.I have purchased a property and inherited some tenants. When I first walked the property and met them they did not have pets. In between then and the time to sign a new lease with me, they have acqui...
Hello,I am brand new to this forum as well as real estate. My husband and I would like to purchase a new home in two years to get our kids in a better school district. Initially we planned to put 20% down to avoid pmi...
I purchased two empty lots and put two brand new trailers on them. They have been available for lease to own since August but I have not got any offers any my real estate agent thinks we are competitive. If I struct...
Hello all,Tenants have left and I wanted to know if I could deduction from deposit for re-keying locks? I ask because I have 5 doors with locks. I looked at the Texas Rental Handbook, but it doesn't say if I could c...
Hi BP community!We have been landlords for many years, with multiple properties. We haven't had this issue before and we aren't sure how to handle it. Any advice would be helpful and appreciated!We have new tenant who...