Victor Zhou
[Need Advices] - Roofing Leak
Hello BPers,We ran into a roofing situation, and we would love to hear your inputs to our situation.We have a rental property in Kent, WA and a couple week back, the tenant reported observing moisture on the wall and ...
Eric P.
0% for 21 month credit card as backup to get started?
Wife and I want to make 2017 the year we jump in. Too much analysis paralysis. Our thoughts are to start with a property around $100k. Approved for a 15% down loan with an online lender. We'd want 6 months of bill...
Aundrea Newbern
Helpful tips for residential lease
All,What are the most useful things you put in a residential lease? I have heard some very neat tips over the years that I have adopted and am VERY grateful for as they have vastly improved my lease. I'll start - I ha...
David Nutakor
Is this a good investment property?
Hi All:I am getting ready to buy my first investment property and l have provided the numbers below:Sale Price: 190000Est. Rent: 1245Monthly Fees: 112Debt Service (Mo): 770Interest Rate:: 4.5%Down Payment: 20%Loan Ter...
Heather Luu
Managing Your Houses Out of State- Door Locks
Hi, my husband and I are getting ready to move out of the state due to a military move. We own two homes here in TN and are getting ready to rent them out. For those who manage your properties out of state, what door ...
Omi C.
Apartment building operations and Coronavirus
How do you think operations should change for apartment buildings in this Coronavirus times?
More frequent cleaning of common spaces?
Notices about washing hands, or detecting if you might be infected?What are you ...
Howard Herrington
Construction halt indefinitely in Boston
I have a wholesale deal that was days away from closing and now due to Covid 19 the Mayor has halted Construction and Rehab indefinitely which in turn has stopped commercial and small banks from lending on these types...
Heather Frusco
Using Credit Cards to pay rent during COVID-19?
So far Tenants have options in making their rent payments... there are multiple options from a stimulus bill offering $1,200 per adult, to $600+/week offered for unemployment in addition, to state unemployment, to per...
Brandon Carlson
Do Landlords Need Permission from a Tenant to Walk the Property?
Hi BP,I'm asking for a client of mine. His landlord reached out to him, asking if he could come over to walk the property's interior. My client (tenant) isn't thrilled about the owner's request. Does my client have to...
Oliver Sparks
Multifamily fire alarms
Question for anyone who owns large multi-family dwellings:I own an apartment building in Kansas that has a central fire alarm system. If one person has smoke in their unit and causes the alarm to go off, the alarm in...