Bruce Woodruff
A fellow Contractor sent me this.....
CUSTOMER: "How much will it cost to do this job?" CONTRACTOR: "$2,800 Dollars."CUSTOMER: "That's WAY too expensive for this job!!" CONTRACTOR: "How much do YOU think it would cost?"CUSTOMER: "No more than $800 Dollars...
Jacob Souers
Tenant will not let me put down poison for rats
Yesterday my tenant informed me that they have found two different rats in my new single family rental property. When I told them that I’ll get a pest company to come out and handle it, they are asking that I do nothi...
Michael Keane
Kitchen Appliances / Appraisal Value
Hello BP Community!I am completing interior rehab work on a duplex, including completed renovated kitchens. Once the rehab work is complete, I will be getting the property appraised with the intent on refinancing (BRR...
Chris Matthias
GREAT TENANT, may want out of lease early
Good afternoon BPI have a great tenant who has been just about flawless as my first tenant experience. They signed a 2 year lease. Year 2 starts June 2023. They recently asked about procedures if they were able to br...
Jason Merchey
Commercial Questions!
I have a 6500' 2 story commercial project I am two weeks into my DD on. It's a real fixer upper - little updating for the last 20 years, leaking toilets, some old water damage from a leaking roof (I mean LEAKING). I c...
Jaqueline Price
REO mold disclosure
Is this common being that the property is sold "as-is"? We just submitted an offer and "oh by the way we need you to sign...a mold disclosure/indemnification agreement".
I am simply wondering if this is customary or...
Max Sawyer
Who Pays For The New Fridge? Tennant Forgot To Pay Electric Bill.
I could really use some advice. I've let my step-brother stay in my rental property rent-free in exchange for him working and fixing that property. He pays for utilities. It is a great place. Recently, he messed up wi...
Rod Zahavi
Selecting the Right Tenant for your Investment Property
Finally you have purchased that fantastic investment property! It’s in a great neighborhood in a high performing school district, with low crime and friendly neighbors. You got it for a low price and the expected rent...
Paul S.
making appliances tenants' responsibility
Hi everyone.
In the past few years, I have had to replace quite a few appliances in rental properties. I find them to be a big financial and time drain for me. I also don't like the time pressure from tenants when ap...
Sarah Picha
Proforma Template Request: Ground Up Development - Multi-family
Happy Tuesday REI fam!Is this the best industry or what!? I love having this community of like-minded people to inquire and share knowledge/experience. My company’s bread and butter for the last couple of years has be...