Annette Schneider
Thinking we need a 'brown M&M' type clause in our lease
Any tips on getting tenants to read their lease? Sure we can make them comply but it would be nice if they knew what was in their lease so we aren't the 'bad guy' enforcing aspects of the lease they were willfully una...
James Danchus
Is the "rule of 5" reliable?
BP,I went to a seminar last week and I heard a little trick that some people do to quickly access repair costs. He called it the "Rule of 5." The basic premise is, you add $5K for each major repair the property needs ...
Account Closed
What are the most amazing, inexpensive cabinets on the planet?
Hello BP! I have 2 rentals I am rehabbing and need some advice on where to get cabinets and/or vanities. The first rental is a section 8 for $1400 a month that is in a low income neighborhood with families. Need cabin...
Kevin Holt
Finding A Home Inspector
Any good advise for picking a home inspector? Or using one at all? It seems when a buying or selling recommends one, the inspector will usually OK the property. Are there inspectors that will work for the purchaser ...
Derek Caffe
Priority of Tenant Applicantions
I have an apartment unit for rent. I keep marketing the property and accepting applications until someone completes the entire application process.The first couple who applied with us this past Friday has paid their a...
Mark Nimchuk
What to do with tenant's stuff??
My tenant gave 30 days notice to be out of the apartment by 4/30/15. He hadn't been living in the apt full time for at least the last 4 months because he has been working out of town (which is the reason why he gave ...
Jason Woodall
Nearby Apartment Property Synergies
Would be interested to hear if anyone has had success acquiring an additional property nearby an already held property. We are evaluating an opportunity to add another property to our portfolio and were trying to ac...
Rich Weese
If you DON'T get all warm and fuzzy when you pay income taxes---
I've tried to post this as a reply etc and it doesn't show up, so I'm trying it from new perspective!! I think it is worthwhile.
I promised my wife I'd work with her and be available to help with the income taxes ...
Johnny Khoury
robbery at one of my rentals
hi every one, I just closed on a property in Memphis Tn, and today just received the bad news that I was robed . they took The condenser, furnace and appliances.my question is whats should I do next. File a claim. pol...
Bob Harris
Income or not?
Are the draws I take for rehab on my properties considered other income on my P&L statement or are they not included at all? My reason for asking is because all my expenses (subs, material, interest, and utilites...