Matt Hendrickson
COVID19 - Is it considered Force Majeure?
I have a few rentals in college towns. As everyone knows, colleges have been closed due to COVID19. I have college tenants who are wanting out of their contract due to counting the Coronavirus as an “act of God” (ther...
Tom Goans
Most Important Landlord Tip
Most Important Landlord Tip
THE WAY YOU TREAT PEOPLE WILL AFFECT YOUR SUCCESS.
The old saying applies: You Reap What You Sow. Of all the tips there are for landlords, the way you treat people is probably the most im...
Ian Smith
is it worth it to sue a contractor
Is it worth it to sue a roofer for a new roof costing $7200 that has leaked ever since it was installed (1yr) and he has walked away not solving the problem. I've also paid someone else to fix these issues and it's st...
David Carreno
Underwater soulution
Hey everybody, here is a case for the creative forces of this community. Please feel free, like free-free and I mean really free to pitch in. :D
Ok so here is the deal, house is severely under water, according to se...
Michol Murray
Pay down rental or invest in new properties
Hello BP community!
I've been lurking on the site for some time, but this is my official first post.
I own a SFH in the Phoenix area, was my old primary home, and decided to keep it because I knew it would finally m...
Dina Schmid
Negotiations When Purchasing Existing STR
We're under contract for a SFH that is currently in use as a STR. Inspection revealed A LOT more problems than we ever imagined a house of this young age would have. We asked them to address 5 items that we saw as the...
Robert Rappold
Enforcing a purchase agreement, seller backing out.
Hello,
Does anyone have experience enforcing a PA via arbitration or law suit for specific performance? Wondering if arbitration is the way to go? Seller backed out of the deal last minute leaving me high and dry af...
Christina Haws
Handyman wants to rent my house before the rehab is complete
Hello! We have a contractor that we hired to rehab/remodel a house for a rental. We had a contract with the contractor that said the remodel needed to be done in 8 weeks with an option to go out 10 weeks if needed. ...
Christine Glasner
A car smashed into our rental property!
Okay, so I get home yesterday and there is a message on my phone from my stepdaughter. "Christine, you might want to check out Facebook. There is a picture on there with a car crashed through the front of a house a...
Kshitiz Srivastava
Understanding tax implications with sale of property
I am a newbie passive investor and trying to understand tax implications of selling a rental property which has passive suspended losses. I don't have a primary residence (i myself live is an apartment), and recently ...