Jeff Ashachik
A few questions about GC's/ Contractors
Hey guys! I'm pretty new here so I'm sure I will be pushing the limits of "There are no stupid questions".1) Right now I am only planning on having 1 flip going on at a time. Is it worth finding a General Contractor? ...
Amy Lu
water meter jump up to be erroneousness
We have three water bills from the Water Department, Malden, MA. It shows water usage as follows:1. The water usage from 10/15/2015-11/15/2015 (32 days) 16446 c.f., $3468.702. The water usage from 11/15/2015-12/15/201...
Justin C.
Tax question regarding receipt filing and record keeping best practices
Hi BP, I have 2 rentals that were acquired over the last 6 months... Property #1 closed Dec 2014 and was officially on the market May 1st 2015. My tenant just moved in. Property #2 closed mid Feb 2015 and should be...
Lucky Tran
Amount to reimburse tenant before becoming a pushover?
Hi all,Thanks again to the BP community answering my questions in the past.Yet again, I find myself in a situation in which I can turn to you guys for advice/opinions.A tenant was late on paying rent and paid in full ...
Kasey Villareal
Bulletproof a property?
I heard someone saying whenever they purchased a SF investment, they "bulletproof" it by removing the dishwasher, garbage disposal and automatic garage door to reduce maintenance issues. Wondering if anyone had experi...
Brian Fisher
Pocono Short-Term Rental Disaster - Management, Legal, Insurance?
Hi All,
I have a story with a few layers of issues and I'm interested in advice on how best to handle. To set the stage, I'm owner of a short-term rental property in the Poconos in PA and we use a property management...
Mark Forest
Fix up costs
I am spending a fortune at Home Depot to get my rental house up to use. I understand I will add the cost of the new roof to basis, but do you all really add costs for leaky faucets, broken bathroom fans, nonfunctioni...
Mark Malevskis
Removing shower tubs and installing walk in showers
Hello, I have a question if anyone's done this or if it makes financial sense. I have a six flat in Dupage County Addison, where water is ridiculously expensive. Its about $100 per unit for month. What do you guys thi...
Chris Faulkner
Fulfillment Center Start-Up
I currently lease a warehouse in Lufkin, Texas for my existing business - supplying salvaged home improvement inventory. Does anyone have experience investing in or operating a fulfillment center?I am particularly int...
Eric Egeland
Tenant made unauthorized repairs and damaged condo unit below
This is a new one for me. I received a voicemail overnight from the HOA that my condo rental unit was leaking water on the ceiling of the unit below. I have a tenant who decided to take it upon himself to make a plumb...