My tenant allegedly got locked in the bathroom. He called locksmith which cost 350$.
Now, tenant wants me to deduct the amount from the monthly rent.
Generally speaking , whose responsibility is this?
I am really considering purchasing a mobile home if the ROI is what I want it to be although I have only purchased and maintained and rented single families in the past. This would be new territory for me. Question: w...
So my question is, after that I’ve added value to the property am I allowed to raise rents from the tenants?Because I don’t exactly know how to qualify for a cash-out refi on a retail property.
Hello! My friend is looking to acquire a property, and they have some backyard projects going on that may cause some minor code violations. Will this hurt her in the lending process, when the appraiser comes and inspe...
Hey BP Family,Newbie here putting in an offer on a Buy and Hold SFH (2BD, 1B, Half Basement). I'm looking to offer $90k for this property, rehab costs in the region of $45k. I envision using cash for 20% down payment ...
Dear BP Community, In your experiences does your percent of ARV to which you’ll make your MAO differ by location? I think it depends on things such as light repairs, the county and weather the market is a buyer on...
Hi everyone! I’m a newbie! We are considering converting our LTR to a STR. Do we need to take any special steps? Is it advisable to create a LLC for this one property or purchase umbrella insurance. We are very ne...
Some lenders that I have spoken to require an entity in order to get funding. The BRRRRs I have done in the past were essentially bought with my own capital and/or a hard money lender that pushed through with funding ...
Hey Everyone,
I just purchased and close in late August on my first rental in a suburb of Allentown, PA and have a few questions if anyone is willing to give their input. Overview: SFH 3BR 1.1BA, 14x20 unfinished at...
I am curious, fellow landlords or PM, what is your response time to a tenant complaint?I know it's not cut and dry, and definitely depends on the nature of the problems.I would think a water line break or sewage backu...