Jose Sanchez
Property Management Help
Hello all, I am a 22 year old guy who just recently got hired as a "property manager" but I have no experience in this field. I do listen to the BP podcast all the time and have read up on real estate investing but pr...
Dan Krupa
Tips for finding a good contractor, fire damage, and rental props - Liberty, MO
Hello BP,I have some tips for those of you who are currently investing or considering investing in areas like Kansas City, MO, Liberty, MO, Riverside, MO, Parkville, MO, and Gladstone, MO. Recently, we had a fire at o...
Brittany Guimond
Should we increase price of a month-to-month lease for good tenants?
Hi friends! Looking for some thoughts. We have really solid tenants in our SFR. Their lease is up in July and they asked for a few more months. We do not have a month-to-month clause in their lease because we wanted t...
Steve S.
Buying a rental that has a pool - Would you do it?
Part of the lease would be that the tenant pays the pool servicing. I have a property management company that would pass through this cost to a pool servicing company.1) would you take on this deal if the numbers wo...
Deborah R.
Tenant fighting security deposit deductions - Florida
Hello, I had a tenant just move out and had to do quite a bit of work to the property to get it rent ready again. We gave the property to them in pristine condition. They are contesting my deductions from their depo...
Steve Sorensen
Collecting On Fees Awarded in Conciliation Court
I had a tenant that I evicted for being arrested with meth in a stolen vehicle on my property (and also for not paying his rent but I couldn't evict him for that...thank you Minnesota Covid protection laws!!). And bef...
R Davidson
Dispute over roofing work and need for an Elkhart attorney
I have a dispute over a roof replacement job in Elkhart, Indiana in that the roofer didn't obtain code of compliance as the inspector was unable to verify a couple of things about the roof because the roofer didn't or...
Robert Reineri
Hard/Private Money "Pre-Approval?"
I've bought and sold a number of homes in my life , and even flipped a couple but I've always used conventional financing. Lately I've run across a couple properties on the MLS that's say hard money or cash only ,...
Alan Walker
Investor Tip: Bathrooms: Total Rehab or Touch Up?
One question I'm often asked by sellers and fellow investors is, "should I rehab the bathroom". And while I'm not a lawyer, I'll give you the standard lawyer response: it depends.As with most things related to an inve...
Barry Je
Hiring firms to do due diligence
I've read in various books that one can hire a firm to do the due diligence for you. Can someone recommend me a firm that does this, and what are the costs typically (ie percentage of purchase price, single dollar am...