Tariq B.
Tenants turned off fridge acidently...how would you handle?
Greetings everyone, So had a work order submitted to me about water being on the kitchen floor and the freezer not working properly and having defrosted. Mr appliance was sent out to the property and he determined tha...
Brendon Rogers
How do you structure a Lease option
I’ve been curious as to how people are doing their lease option agreements.
I initially wanted to buy a property with hard money refinance cash out and do a owner finance to a prospective buyer. (wrap around mortgage...
Brendan Griffin
Need help structuring this deal
Hello BP Community. I have enjoyed this site for months and this is my first post. I have a house in my LLC that was paid cash. I have owned it for 8 months and the listing just expired with no sale. I was contact...
Sean Peters
Commercial Lease Renewal - How would you handle it?
Hello All,As I continue to deal with a difficult retail tenant in our family’s retail center, I wanted to get some input from the community as to what route, you as a landlord would take.Details:Property Type: RetailC...
Scott Smith
Lease Clause Requiring Tenant to Accomplish "Easy Fixes"?
I have a tenant who has called repairmen (which are then charged to me, the landlord) on a number of issues that are really just common sense. The most recent was filing a maintenance request because the toilet wasn't...
Jon A.
Looking for lender recommendations
We own a duplex with a DSCR of 1.5 (from what I understand) and about 60% equity. When the pandemic hit we took out an equity line and I pulled all the cash out and put into a savings account out of fear that they wou...
Dave Meyer
Is this a good way to estimate Capex?
I am working on a project for BiggerPockets (stay tuned!) that is requiring me to estimate Capex (which for this exercise includes maintenance) across US cities. There is not too much data to go on, simply the median ...
Tonio Pearce
Should I create a baseline template business plan?
Should effort be placed in a baseline business plan to determine the best option to start in for this field?
Zee Ayezain
Replacing leaky sink garbage disposal against code?
Hi there, one of my properties in Washington DC has a leaky garbage disposal. I told the plumber to go check it out and if he can fix it great but if he has to replace it then to just remove it all together and not re...
Aaron Mazzrillo
Which do you choose?
I got a property under contract today. ARV is $190K. Seller owes $187K. The loan is 5.1%, 30 year fixed, PITI of $1,249.51. Long term tenant paying $1,675 and all utilities. I purchased the property subject to the exi...