Nicho C.
Texas Storm burst pipe. PM saying tenant is responsible
Hello, I’m currently renting a home in San Antonio, TX. As you all know we experienced a really bad storm recently. (The home we are renting is in below average shape, built in 91. Rated a C overall in move-in insp...
Yolanda W Cuevas
Where to draw the line? Tenant Wants to Take Over
Where should I draw the line? Always, a few days before rent is due I get a maintenance request.My tenant is a self-described handy person and he also works in an appliance repair and sales shop. He is the first tenan...
Alain Chautard
Property Management and continuous stream of repairs... What would you do?
Hi,I have a property in a different state that I trusted the PM company to take good care of. After two years, I've received 30 maintenance requests from the tenants, which seems like a lot. The PM company happily dis...
Lauren Heinen
Handling a future rental that is a primary for next 12 months
Hi! Looking for recommendations on bookkeeping/account management for a single family home. We are closing on it on Dec 21st and will live in it for a year, then rent it out as a long term rental. Are any of the repai...
Akhtar Nasser
When an active tenant damages property
Tenants window unit leaked water into house from 2nd floor.
Servpro came and took out insulation, sheetrock, carpet padding etc.
I now am looking for a handyman to unroll carpet, do sheetrock repair etc but I am ...
Pratheek Lakur
Deductions for repairs following move out
Hello,
Our first tenant is moving out early next week and I have had a chance to walk the property and have noted several damages. I have scheduled a contractor come assess how much the repairs would cost but wante...
Thomas Jackson
Here is the scenario
I live in Texas. I have started to market in another area(Syracuse, NY Area) where I plan to move in about 6 months. I already started marketing in that area. I received a call from a motivated seller. She is in a ...
Radley Estrada
Fridge Broke Down - Tenant Requests Reimbursement for Medications
Hey BP members, I have an interesting situation.I moved a new tenant into one of my properties 2 months ago. She is a great tenant and have had no problems so far.Recently, I was informed that the fridge was working ...
Sam T.
Tax benefits of renting half of my primary residence
If I were to buy a 2 bed condo to live in and rent out the other room, would I get the tax benefits of it being a rental? Specifically, would I get to claim depreciation, write off the HOA fee, etc.?
Laura Kastner
Inspection Issues in house
Hi All,
I’m in escrow on a place in the desert near JT. The sellers asked 40K over ask on a newly renovated house in a beautiful location. The inspection came back with some electrical & plumbing issues. I called...