Hi, I was looking for advice. I recently accepted a prospective tenants application for one of my rentals. Originally they said they wanted to move by October 1st. Then after accepting the application, they wanted to ...
Hi all. Last week after a heavy downpour in SoCal tenant notified me that there were dripping leaks in two bedrooms. Above these two bedrooms are a sloped roof and a roof top deck. There were two small areas of mildew...
Many syndicators/sponsors are offering a "waterfall" payout arrangement to their investors, whereby the investor first gets a "preferred return "of 8%, and then 75% of any cash flow left over after the preferred retur...
I have a property under contract where the numbers work and its all good etc.
It will stretch my cash reserves if I go through with the deal because looking through the lease agreements 90% of the tenants work in jo...
I'm looking at a short sale tomorrow that just came on the market. I spoke w/ the listing agent today and she told me the bank already approved selling at a number. Is this number what the BPO came in at and if I...
We are residents of Florida and preparing to move into a new home mid June. We currently live in a townhome which is in my wife name solely. (She purchased it before we got married). I guess we should have asked th...
Who is responsible for the cost of replacing the refrigerator damaged when the power was cut off to a rented condo.Our tenant reported that the power to her unit was cut off at an unsecured switch next to the meter wh...
I own and manage a duplex built in 1900, old house, tons of holes. The upper unit (floors 2 & 3) is occupied by tenants with a 12-month lease and the lower unit is short term rentals (Airbnb). The upper unit has m...
Hello BiggerPockets Forum,
I have tenants in my SFH rental property in Virginia that are giving me a headache. The basement, where one of the tenants is living, has had some minor flooding. I've spent several thousan...
Just went into a recently vacated unit and found a "sex offender" letter on the fridge notifying my tenants that a sex offender just moved in to the 4-plex next to mine. Was this the reason my tenants moved? Who knows...