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Does anyone care to share some ideas on incentivizing my contract with a property manager. I am admittedly fairly uneducated in dealing with PM's but from what I've picked up, it almost seems like they get paid more/b...
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I have a potential tennent that offered to make repairs to the house in exchange for discounted rent.
I'm leery of the idea because I dont know quality of work. But I'm also open to it because contractors have questi...
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I wanted to get your thoughts: In my lease, I state that any repairs less that $100.00 are the responsibility of the tenant. I have a younger tenant who is asking me to send someone out to change a lightbulb. I sent o...
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In Midwest cities such as Indianapolis, Detroit, Milwaukee where there can be some really cold winters, is there a concern about the old plumbing system in the home? I've heard of old pipes bursting and causing costl...
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Never encountered anything like this before so this should be a good learning experience. Guest reached out to me to let me know there isn’t any power in the house. I’m sure due to the Tropical storm we are experienci...
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Hey Guys,
I reviewed the lease (created by our property management) for our tenants, and I feel like we, the landlords, are not protected enough on that lease. for example, I would want to add an addendum about "chang...
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For all those landlords operating properties in cold climates, please share your thoughts on winter readiness processes. We send tenants a letter or text alerting them to some common winter issues:1. Disconnect garden...
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Interested to see what everyone is paying for their flip house to be rehabbed and more importantly, timelines to complete the work.Looking at the possibility of investing in other areas, just curious to see how much t...
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From the standpoint of both the buyer and seller, how is the inspection report negotiated? My uncle in Green Bay, WI is selling the home he purchased brand new in 1965 in selling it. He maintained the home well, bu...
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Hello BP Community,
I have a rental property in California and have some questions about how other investors approach landlord/tenant responsibilities. I tend to lean towards making things as easy as possible for the...