Sam G.
How do you prep your rentals for the winter?
Hi guys,Thanks to the wealth of knowledge I've found on BP, I've made it through my first (very educational) year as a landlord in my first house hack. I've learned to prep ahead. I'm in Chicago and as a landlord, win...
Art Veal
Has anyone heard of rent payment default insurance?
I have heard of this type of default insurance in the past and I considered using it t one point. Just wanted to know, would anyone sign up for rent payment default insurance. I know it is pretty big in the UK but jus...
Vidit Maini
Need guidance - Should I rent to some1 w a discharged bankruptcy?
Folks,What are your thoughts on renting to someone who has a discharged bankruptcy in 2014 ? What other factors/items can I check to reduce risk in such a case ?Thanks a ton,Vidit
Alex R.
Water Heater and Furnace Grounding/Bonding - Baltimore City
My rental has been experiencing quite a bit of electrical issues. I've had a few electricians diagnose the issue and have come to the resolution that I need a majority of the breakers replaced. As the electrician was ...
Thilan Ganegedara
Any regrets for not heeding warnings in inspection report?
In the past few weeks, we've (our company) made offers to several SFRs and the inspection reports typically highlight "significant findings" that make us question whether to proceed with those deals or not. Some of th...
Jonathan Woelfle
How to run CapEx Options?
Hello All,I am looking for advice on how to figure out CapEx when running the analysis on a deal. I have seen many different ways, but when trying to do it quickly I become quickly unsure. This seems to be the one ite...
Jorge Soto
First Investment Property...Tips for tax season
Hello BP community. I bought my first property in late October. Its a 3 unit in Sacramento California. I have two of them rented and I live in one. My question is what can I write off on my taxes this up coming year? ...
Michael Thrower
Presentation to Private Investor
If you were looking to use Private Investor Money to fund your first flip or rent, would you present your entire plan to them first and how much would you typically return to them?Seems I read the average return to Pr...
Nadir M.
Pest/bug control tenant hired company
I have a long term tenant that seems to state that they’re having ants, spider, and wasp problems. She went ahead and hired a pest company, signed a contract for the next 18 months, to come and remedy the problem. She...
Laurence Whittam
Need Help - Inherited Tenant Vacant but Failing to reply!
Hi Everyone,I recently bought a few properties that were fully rented with Section 8 SODA Program tenants. I have been in constant communication with a tenant who has no been living in an apartment for work reasons......