Justin Morgan
Mouse Infested House
Rehab Question:
What do you do with a house that has tons of mice running around? Do you follow any specific "mediation" practices?
I understand the mice will leave after the home is gutted but I'm loo...
Nick G.
No lease in place on rent controlled unit?
Hi Everyone, Just looking for some feedback on this scenario from anyone that is familiar with rent controlled units in NY. Looking at a small multi-family in Brooklyn, most units are rent controlled. 1 unit is occupi...
Nick Janovich
Waiting to close due to tenant eviction
Alright so I'm working on my first deal after lots of reading on BP. We were to close on the duplex property December 15. Both units were occupied. The seller rescheduled closing until Jan 6 due to the holidays. On Ja...
Art Maydan
Offering Cash For Keys To Subletting Tenant With Bed Bugs?
I’m managing a 4-unit and the garden unit tenants were two roommates. Roommate #1 got bed bugs in his room. I sent a pro out to confirm that they were there and they did. The pro sent me a checklist of steps that need...
Adrian Smude
The BRRRR method is dead
I believe the BRRR method is dead or at best on life support! The last decade has been easy for investors to use the BRRR method, but now we need to learn other methods. I've been learning these other methods for ov...
Al Pat
Tenant didn't pay rent, claims I changed locks
I have a tenant who has been with me for last six years. She has always been very punctual about paying on time and has never complained. Zero maintenance and well maintained. I didn't get her rent by 5th so I texted ...
Michael H.
Lender pulled plug on conventional refis for rentals as of monday
Hey BP family,
Ive got another property into hard money, started the conversation early with the lender to refi out of hard money,and they sent me packing. something changed monday, and they said for the next month...
Mike Cumbie
The importance of local knowledge and boots on the ground!
So my phone started ringing off the hook from a good investor client in regards to a property that was newly listed. https://www.zillow.com/homes/8620-vallance-road,-leroy,-NY_rb/ (it came in his MLS feed, but you can...
Alessandra Verbena
Northern CA coastal markets entering bubble territory?
I thought I had seen it all until now. People scrambling in desperation to buy a home. Any "home" here on the Central Coast near San Jose and Silicon Valley. Even if it is a mobile home in a leased park, it is going o...
Sara M.
Security Deposit Charges
I had a rough tenant who finally moved out. It’s been a long 18 months and to no surprise she left the place a mess. We replaced all the upstairs carpet. I only charged her for one room because it smelled heavily of d...