Thayer Hood
Questions all Property Managers should be prepared for
I know there are a lot of questions a prospective tenant may ask a property manager when viewing a property. Besides the blatant obvious, what are some questions you should always be prepared to hear from someone want...
Neil Quinn
Modeling expenses & capex, best ways to estimate?
Hi all,I'm looking at buying a primary residence with a goal of renting it out when I leave the area. This is a high COL area though (DC/NoVA), so trying to get a rough sense of how much negative cashflow I'd have wh...
James Farrel
Pre-Rental Expenses Deductible?
I purchased a property this week and immediately advertised it for rent.
I am showing the unit to a prospective tenant today, but we have not yet discussed a lease date. Have I now met the requirement of making t...
Alex Penalva
Appliances - Should I provide Or not?
I recently purchased a rental property in Missouri, a duplex and I am just curious if I have have to provide the tenants with any of the appliances ie. stove, refrigerator, etc.?
Josh Culling
Seeking appliance recommendations
We own several single family homes in a lower-middle class market. We market our homes at the top of this particular market - new flooring, nice finishings in the kitchen and bathroom, A/C when possible, and new appli...
Stephen E.
Fridge Out
The fridge has stopped working at one of my units. As landlord am I liable for the contents? The tenant is pushing for payment.
Sam Dal
HVAC estimate
folksCan someone who has experience with this comment on this estimate in the NYC area? Basically, the furnace was installed incorrectly in the boiler room and is taking air from the boiler room itself instead of the ...
Amol De
Need contractors for Atlanta suburb TLC project
Hey all,
I am under contract for a property in Morrow, Georgia which needs TLC. I have a detailed inspection report. Along with repairs, I would like to remove & replace certain elements of the property to make i...
John Kesner
Appliance liabilities
Hello BP,
I had a fridge fail recently and it made wonder how others handle similar issues. It dawned on me that a fridge failure could cause a substantial loss. E.g slice of wedding cake has to be thrown out, never ...
Vinson Lee
Can I deduct from security deposit for my own labor
Hi, My tenant has moved out and there is a lot of little things that need to be done to ready the place for the new tenant. Ie replace bulbs, clean, paint, fix broken cabinets, patch holes, repair broken appliances. ...