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I currently have a tenant that has been causing issues since day 1. The first three months, he automatically fixed minor things with the house and deducted the expenses from the monthly rent despite being told not to ...
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I'm under contract on a property and the sewer scope inspection report said "The service was observed for approximately 82 feet, and the termination was not visible or and condition was not determined. This appeared t...
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I am not sure what sub forum to direct this to - this one seemed like the best one. I'm turning to the forum for some preliminary advice.Here's the short version:My father still lives in the house I grew up in. It's...
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If you own a short-term rental, there are likely to be seasons when bookings slow and you worry about generating enough income. The resort industry knows this cycle well. They have “high season,” when everyone wants t...
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Hello BiggerPockets Forum,
I have tenants in my SFH rental property in Virginia that are giving me a headache. The basement, where one of the tenants is living, has had some minor flooding. I've spent several thousan...
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Hi guys-I rented out a 400 sq feet studio apartment about a month ago, and today my tenant says there's a musty smell in the studio, likely indicating the presence of mold. As far as I know, there are no leakages in t...
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Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
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Hi BP -
If there is black mold in a house that you bought, how is this typically handled when flipping or BRRRRing? What happens if your contractor finds it, covers it up without telling you, and then the tenant f...
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Hey Bp's, Just a little background. Closed on my VERY FIRST deal on 1/4/16. A beautiful, fairly new duplex (built in 2007). We are house hacking one unit and renting the other. Both sides rent for $1275. Price- 170k. ...