New landlord here and more questions.  I bought a house last year with an inherited tenant.  I received notice to vacate from HUD.  I have a few questions about the move-out procedures, most of which deal with the dam...

Hi Everyone,I just wanted to start an important discussion on how to increase the value of a multifamily property.  It's all about raising the NOI, and I would like to get some ideas on how to create value.Any idea wo...

Hi all, this is my first posting in Deal Analysis....please be gentle. I would love your opinion on 1.) would you renovate? 2.) What would you renovate? 3.) guesstimate on renovation costLocation: Far north Fort Worth...

I've seen several threads on BP where whether or not caulking in the base of a toilet is a good idea has been discussed. Seems the general concensus is to NOT caulk them. I vehemently disagree!

The main reason given...

We just finished a kitchen renovation around Newport RI and we aren’t happy with the quality of work provided. First, the contractor ran way over timeline. I didn’t have a penalty for that because I thought a simple k...

I recently discovered mold in one of the rooms in my house had come back, and it's worse than before. I have been doing more research into DIY mold removal, and most people advise using a bleach and water solution. I ...

I recently had a leak in my water line on the second floor and had to have some work done on my living room ceiling. The total cost of repair not including plumbing repair is $1789.05 with a $1000 deductible. The insu...

My tenants got divorced and couldn't afford to pay the full rent.  Over the phone I said I would accept a smaller amount, knowing I could deduct it from their deposit.  This is legal correct?  Also, I just found out t...

Do you hire someone to clean your properties and then bill the tenant or do you write if off as an expense? My state says property must be left in "broom clean" condition which does not equate to clean. I sent a list ...

Had my inspection last night on my 1st potential rental property. The previous landlord/owner died and house is being sold through estate so not much info. Everything was fine except the inspector was unable to access...