Hello everyone,
I have a couple properties that I am looking at and my main set back is that they’re old builds, around early 1900’s. My question is, other than foundation issues, which they don’t seem to have, what...
So my idiot tenants used paper towels as toilet paper for some time and clogged their 3rd floor bathroom. The first floor and second floor tenants have not been having problems. We had the handyman out about a month...
I have a tenant who hasn't paid her rent for several months. She is on an 8-month lease. Originally in the lease, it stated that she would put the utilities in her name and pay, however, she asked if she could reimb...
Hello BP family,
I've finally finished my granny flat here in San Diego, Ca. and have a tenant in it at this time.
I'm now planning on adding a couple of bedrooms and a couple of bathrooms to my primary home and a...
Hi,
I got the document for analysis of four unit property which was built in 1900. The following shows the summary of the form 8835 (I believe equivalent of schedule E)
For 2008
Gross Rent 16500
Total expense 20400
...
I have a studio attached to my home that I rent to a young couple. They have been living there 4 months and the electricity bill has gone up 200%. I know it's summer, so we use more, but since they have moved in they ...
Hi,
I've got underground powerlines and the PG&E vault box is across the street on my neighbors property. PG&E said if I wanted to upgrade my existing 100A electrical panel to 200A, I'd have to trench from m...
BP,
I just started a new lease with a new tenant on a SFH that we've owned for a number of years. I received a call from her tonight, the first day of her lease, stating that I had done her a HUGE disservice by not ...
Hey BP Nation,
I have a duplex that is adjacent to University of Massachusetts-Lowell, and when I move out of my unit, I would like to consider renting to multiple students instead of a traditional tenant. Is this wi...
Hello Everyone
I would like your opinion on a fourplex apartments I would like to purchase. Here is some information: Asking 120K producing 2000.00 a month(500.00 per plex). They pay everything except Water. Flat ro...