How do you manage snow removal and expectations?By far, this is my biggest headache as a landlord. We’re on our second snow removal company and neither have been great, but it is so hard finding someone who is insured...

[b]Had a close call recently. Had a wonderful 2 handle faucet that was slightly running (smashed washers, couldn't shut off 100%) and a tub drain that couldn't keep up with it. Luckily we were able to avoid a big disa...

Hello, I recently purchased my new duplex. Of course, before purchasing the house, I invited a home inspector, and he did a pretty decent job. As a result, the seller had to fix some electrical, mold, and foundation i...

Hello fellow BP members. I just accepted a counter offer from a listing agent for a 3 BR, 1 bath property in the Metro Detroit Area as an investment. The original asking price was $40,000 and I was able to negotiat...

Thought folks might find this episode interesting:http://freakonomics.com/podcast/rent-control/(and couldn't figure out which forum to post it under!)

So I purchased a SFR about 3 weeks ago and the renovation process has been underway for about that same time. Along the way we have come along some unforeseen costs that will force us to eliminate some of the design w...

Hello everyone! I am stationed in Norfolk, VA. I currently own a home in the area and I rent out a room to save up more capital to purchase another home. I am drawn to the idea of cashflowing rental properties. I have...

Hello all,I am purchasing a duplex in Minnesota for $90k and the appraisal value is $100k.  I'm working on getting insurance but the companies I've called want to insure it for the replacement cost of $340k.  I really...

Ever get a tenant offering to pay a few months in advance?

I always stress open lines of communication with my tenant. One evening, he informed me that the water dispenser on the refrigerator stopped working. He kept saying it really wasn't a big deal and not to worry about i...