Hi All,I currently have a rental property and I'm almost ready to get the second one. My question is what do all of you do as a side job to generate extra income to save up for a down payment? I'm already saving a goo...
I recently sold a property in Michigan. The city went out for the final water meter reading to get the final amount due and it turns out that the final bill is about $2K. The Escrow company held back $400, the city ...
Hello, I'm working on a few rehabs and there's a lot of "iffy" problems that I could fix but would cost thousands more. For example, siding is going bad and painting will only cover it up slightly. Do I replace and ...
Hello, I searched the forums, but could not find an answer for this question.I am repairing damages done by my tenants since they've moved out. There is a huge water stain in the master bathroom ceiling (see photo). I...
Hello Dear BP members. I need an advise. My first rental property, got a tenant, elderly couple. Property is 55+ condo. They moved in on November 1st. I have not seen them, but real estate was the one who showed and h...
How many of you re-negotiate after a home inspection. Assuming there is something wrong with the furnace, air conditioner, little water damage or so on. What does everyone do? Drop the deal or get compensated in mo...
I have received an reimbursement request from tenant regards her hotel bill due to AC outage. The AC request was received and AC tech was sent the next day. I assume on the day of AC outage, she decided to stay in h...
I have a studio apartment that the tenant just moved out of. After assessing the state of the property, they failed to tell me that the sink faucet had been obviously leaking which in turn, damaged the counter and cab...
A worst NIGHTMARE come true. A tenant gets hurt mowing the lawn on the rental property.How do you protect from a lawsuit?Do you add something to the lease to protect yourself?
Hi everyone - moving into my first multi family here (duplex) in about 3 weeks. I will be living in the upper unit and renting the other one until I move out and rent the upper one as well. There is no in unit laundr...