Hi everyone , when you renew the lease with tenant , do you just have them fill out a lease renewal form or you go through the whole process again such as lease agreement and lead paint disclosure etc?
Thanks!
So I am having some work done in my 4 Plex in South Florida. My GC is telling me that I should get a fire extinguisher for each duplex since I have an inspection with the city coming up. Anybody here have experience...
Hi guys, I am furious. My tenant caused damage by leaving carpets with excessive cat urine and vomit all over, burnt holes in it with hot coals in a plastic bucket and pretty much never vacuumed stairs, cleaned showe...
I have a SFH which has been rented by same family for 10 years . I inherited the tenants when I bought it 4 years ago . Even though they’re very messy , They always pay on the 1st of each month. Now they want me to p...
Hello! We bought this house in May 2023 for $300,000 south of Dallas Texas. It’s a 3br, 2 bath and needed to be completely gutted and repaired. Most houses in this neighborhood are selling for $400k or more with basic...
Hello BP community!
I closed on a flip property 3 weeks ago. The first day we arrived at the house, we found one of the secondary bedrooms locked. I had my boyfriend jump through the window from the exterior (which w...
I am rehabbing one apartment in a 1937 triplex in Los Angeles I just bought. Looks like the electricial wiring is original two cloth-insulated wires, although the kitchen and bathroom have three-prong GFI outlets. The...
I'm bringing this up as a topic of discussion because what happens in the most liberal cities/states has a tendency to work it's way to other states. I like to see what's coming our way.Forget the COVID rent moratoriu...
Hey BP! I'm closing on our next property at the beginning of August. It's a unique property in that it's a SFH with a full in-law suite in the basement (2 bed/2 bath with full kitchen) and a separate addition that can...
Hey there, guys!
Please, double check me on the correctness of expenses placement into current (a write off for 2012) or capital (depreciation).
1.building a new protective covering over electric panel bank (old one ...