T. Smith
Is PM being reasonable?
Hello everyone,
I would like to get a some opinions on the reasonableness of the move-in expenses given the work that is left to be done. Also, get a feel for if it is ok that they are not able to get me an itemized...
Brian Fitzpatrick
What do you chris security deposit for?
My renters just moved out of the our condo and we are doing or first round of lease ending and renting out to a new couple. What do you charge against the security deposit... the walls are a mess with holes everywhere...
Jake Walton
Tenant Was Arrested
As the title suggests, I'm in a curious situation...One of my tenants was arrested last week (8/31). Her current lease expires on 9/9. I've been in contact with a friend of hers and her aunt to clear out most of the i...
Shawn M.
Final Walk-Through
Yesterday was my tenants last day in the unit. We are meeting today to do a walk-through of the unit to confirm their is no damage and it has been cleaned. Is there a form you use to conduct the walk-through. Any t...
Ram Ranga
Inspection Items - Proceed or Not to Proceed
I am on contract with my first property and just got the inspection report back. This will be my first investment property and I am not sure how to handle all of the suggestions from the inspector. Want to hear from y...
Felix Isuk
Seeking Advice: Handling Hazardous Items in a Potential Fix and Flip Home Evaluation
Hello, BP community!I'm starting my journey in the world of fix and flips. This would be my first investment property and I'd appreciate your input on this potential opportunity.I received the home evaluation report f...
Ryan Ford
What items do you include in your capital expenditure fund?
So I am almost finished with the book Rental Property investing, which is what brought me here to the forum. Something the author emphasizes is the importance of calculating capital expenditure into the equation when ...
Mike Lynch
Getting Home Ready For Appraiser
Hi,My wife and I are almost ready to call to Appraiser for our first home flip. The home was built in 2001. He or She will come out and take measurements, photos, etc. Question: Since we did a considerable amount of...
Dana Holland
What inspection items should I fix?
I'm selling a property for the first time. We are under contract with a buyer, and they had their inspection done. They are asking for some things that in my opinion are really petty. I'm wondering of the following...
Miles Stanley
IRS Definition of Cap Ex Items
Hello all,I have seen several posts about confusion between what is considered CapEx, maintenance and repairs. To me, repairs and maintenance can almost be combined (assuming CapEx items exclude repairs and are their...