David Krulac
What things have you found in foreclosed/abandoned houses?
In the thread about the TV show Property Wars, it was brought up about things found in and on foreclosed property.
1. In a recent one there was the last occupant's ashes. I called the relative to come get the ashes...
Adam Riscoe
Renting my primary residence out month to month
My wife and I are taking a 4-6 month trip to Europe and Asia this Fall. We already found a short term tenet willing to sign a 3 month lease with an option for a 4th month. The rent covers PITI and utilities with a lit...
Daniel Pena
Very high light bill!
Hello BP,I just got word from my tenant that her gas/light bill was $500 this month! I know it has been cold this past month but I think that is way too high. I did go by to look at a few things last month and notice...
Paul Sandhu
Would you rent an STR to these women?
Background: Next month the largest maintenance operation in the history of the refinery in my town is going to start. It'll take 6-8 months. My towns population is 9500. From start to finish of this operation, the...
Kevin Charles
How much is your deductible?
I am looking for ways to decrease my expenses. I am considering increasing my deductible for my Landlord insurance on a duplex. Currently it is $1000. Is this about average for other landlords? What do other rental pr...
Robert Nason
Messy Children using common areas as a play ground
I have recently purchased a 12 family apartment building in Lowell Massachusetts. The previous owners were very lax in their policies and procedures and have let people run the building how they see fit. One of my mai...
Jenny Milu
Renters Insurance for 3 to 9 month rentals?
I'm a rookie, so please be kind!
I have a medium term rental ( 3 month minimum as required by my HOA) I'm right next to a Level I and Level II hospital and I have my first pair of traveling nurses moving in at the en...
Robert D.
eviction cook county IL
This process applies to eviction in Cook County IL. Other jurisdiction might have different process.
This thread is to encourage landlords to file for eviction and put their deadbeat tenants name in the system so th...
Brandon M.
I hate tenant friendly states!
Can I tell you how much I hate tenant-friendly states? I have a property in North Carolina, Charlotte to be exact, that I purchased at the top of the market in 2006 and have had to rent for the last 5 years. I recentl...
Bryan P.
50% rule
MikeOH and some others talk about this 50% rule. I just bought my first rental property for 22,000. When I add up all of my expenses (tax, insurance, mortgage payment), I come up with 78% expenses compared to gross ...