I am expecting to close on a multifamily property in Louisville, KY later this month and plan to remodel all units immediately. 2 of the 3 units are occupied and have month-to-month leases. As soon as I close, I was p...
My tenants have destroyed my property. Hardwood Floors are scuffed and peeling. Water damage in the bathrooms. Their dog (that I didn’t authorize) has urinated all over the place including the drywall next to the fron...
Let's say the owner of a multifamily, owner-occupied building is immuno-compromised. When listing for new tenants, would it be legitimate -- and would it be wise -- to require proof of full COVID vaccination? Would it...
Hey BP, here's a scenario that poses a number of issues and I'd like to get an opinion on how it might be dealt with. There are several issues arising here, so the problem will require some skill to resolve.
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Hi all!I'm purchasing a townhouse as an investment that is currently occupied by tenants. I'm in the middle of my due diligence period and would like to know what I could/should ask for during this period with regards...
What would be the pros & cons of purchasing a property with a tenant from previous owner?
Hi I’m renting out my first property and I’m wondering what’s the least stressful way to collect rent and best way to prevent excuses for late rent submissions (I sent it, it must have gotten lost in the mail). Is the...
How do you file a judgement against a tenant for damages beyond the security deposit? My contractor quoted me about $6000 in repairs. Security deposit is $1,200 so about $4,800 in damages. Thanks in advance!
Hey Everyone, I am a long time lurker and I have a question about filing a judgment in Galveston Co. Recently we had a tenant not pay, so they moved out without hassle. Which their quick departure was great till we ...
Hello BP Community, I recently purchased my first multifamily property. My question is what kind of materials for rehab should I use on property. Should I be buying more budget friendly Flooring, countertops, light fi...