I received a text message this morning from my tenant saying that over the weekend he replaced the kitchen faucet. On one side it is nice he is taking care, BUT I am worried about falling into a game of repairs and m...
Hi all,We have a rental property, where we had a sewer line backup happen in February last year. The sewer water came out of the toilet on the first level and destroyed the carpet, drywall, etc. Had to call the insura...
Welcome to winter. The Northeastern Ohio (Cleveland & Lake Erie) winters can be somewhat harsh. Today we are looking at 28 F, but by the first week of December, it can often dip into the teens, or even single di...
I've heard a few tips about excluding certain appliances, putting language in the lease related to maintenance calls, or being really choosey about tenants in the first place. What strategies have you had the most suc...
I want to start off on the right foot and was thinking of getting a gift for my new tenant.Has anyone here done this if so do you have ideas for what to get them?
Hey everyone,So I am about to close on my fist rentals. It's insane. I completed my first flip, it went through three potential buyers that all ended up with lending issues, and finally is just now selling a year lat...
I have a question for the seasoned landlords...How do you handle it if a tenant calls you about an issue that they feel is an emergency (which may or may not be an actual emergency) and you are not able to go over the...
Investment Info:
Condo fix & flip investment.
Purchase price: $35,000
Cash invested: $5,000
Sale price: $67,000
My first ever flip project. The deal was brought to me by a wholesaler who is n...
Greetings!
Like many BPers, I own a few rental units (2 4-unit buildings) and manage them myself. I run my business professionally, I take good care of my properties and like to think I treat my tenants well. I belie...
Hello BP Community, I have a question regarding one of my new tenants. I had a tenant sign a lease with me at the end of May. On paper she passed with flying colors - 3X income, good credit, positive landlord referenc...