Gopichand N.
Is contigency reserve normal for property management?
I am currently in the process of reviewing a contract from a property management company, and I came across a clause that raised some questions.The contract stipulates that a sum of $500 per property, up to a maximum ...
Richard McRae
Biggest Underwriting Mistakes Incurred by Novice Investors
I see many properties advertised these days with unrealistically low expense ratios. Inexperienced investors that are excited to make that first acquisition need to be aware of and understand how to accurately evalua...
Gary B.
Tenant no cooperating plus taking avantage
Hi Fellow investors, I have a tenant who is just moved in. For some reason toilet was leaking and Property manager promptly fixed the issue. She then reported the refrigerator give an electric shock. we promptly repla...
Josep Doherty
New Member from Allen TX
Good Morning BPI have been following the forums and listening to the podcasts. I am finally ready to jump in and purchase my first rental property. Thanks for all your discussions; I have learned a lot.
Paul Enzinger
Disaster Strikes...Help with a rental property
Hello,My wife and I are small-time RE investors. We acquired this property in 2018 (2-family) and it has been pretty smooth sailing since then. This past hurricane (Ida) was a whopper and flooded the first floor, dest...
Account Closed
Business Expense Accounting for Gift Card Purchases
Hi Everyone,
I have been browsing the forums here for several months and they have been extremely helpful as I start out in real estate investing. This is my first post.
I have a question relating to a...
Russell Bogan
Tenant trying to contact me
I have a property manager in place but the tenant has found me on Facebook and wants to communicate. What should I do?
Victoria S.
Section 8 tenant/applicant
We are considering a section 8 applicant for one of our properties. I heard the Kansas City section 8 office can be difficult to deal with. Is this true?Any advice when dealing with the section 8 office on main St? Ar...
Greg Smith
Withholding the Security Deposit?
Upon moving out, the tenant received notice from the property manager
(via certified mail) that the landlord was making a claim against the
tenant's security deposit for repairs and cleaning. Included in this
...
Matt M.
HOA and First Right of Refusal Problem for Cash Buyer
Friend of mine is trying to pickup a condo deal here in Colorado. The HOA's members have first right of refusal. The unit has a mold problem & needs a full rehab. The problem is that if other members see the agree...