Kate Binion
Litter on grounds of property surrounding units
Hi, I recently purchased 2 quads and a tri and am really excited about this new property. The only problem is, there is trash everywhere on the grounds! It's really bad. I have considered charging tenants for any tras...
Thadeous Larkin
New Colorado Springs STR Ordinance Proposal
If you've spoken with me for more than 10 minutes, you know I'm a big fan of STRs and AirBnB as both a host (SuperHost, in fact, nbd, just a celebrity here) and as a traveler. I find that STRs are a great way to ex...
Julio C.
Understanding Cap Rates
I’m trying to understand cap rates in multifamily real estate, and I don’t mean getting the resulting number of dividing the NOI by the value of the asset.What expenses should be included in the NOI formula? I typical...
Kurt K.
Tenants says they have bed bugs. I pay or tenants pays?
A new tenant moved in March this year and at the time of renting, there was no signs of bed bugs. They called today (8 months later) and said they have bed bugs. The lease states we do not pay for pests, but I've deci...
Jeffery Waicak
Habits of wealthy people
I was looking at Grant cordone' s Twitter. He said that something like 68% of wealthy people do cardio 4x a week 26% of poor people do. 90% of wealthy people read 30 minutes a day. 2% of poor people do. What other h...
Ryland Taniguchi
Partnership Horror Stories
I would have to say that I am very very lucky because I have partnerships now that work amazingly well like marriages made in heaven. One of my current partnerships is with someone who I could literally chat with for ...
Joey B.
Supply and demand and feeling guilty
Hello BP,
First time poster! We are a military family that has picked up a few rental properties along the way. Our area was recently affected by Hurricane Michael and demand for housing SKYROCKETED!!! I previously h...
James Woods
House near San Fran: Keep renting, or Like-Kind for a complex?
About 15 years ago my uncle passed away and left his house in Oakland to my sister and I. Ever since we've been renting out the place with the help of a property management company. There's no mortgage and net annual ...
Roy N.
Reminder of why we have a "No Pet" policy.
I have alluded in other threads on BP the past few weeks that we are saying Good Bye to long term tenants we inherited with a property bought two years ago. We served them with a month ago with a notice of terminati...
Patrick Fanning
Tenant Has Rottweiler and German Shepard as ESA. How to proceed
I have an applicant who has listed a Rottweiler and German Shepherd as their support animals. How do I proceed of letting them know we are not interested in renting to them?