Nat C.
Tenant attending to repairs and then billing me?
This is relating to a house I have a property manager for.The PM informed me that the tenant reported a plumbing issue where dirty water was coming up from the bathtub or somewhere, the specifics were very vague.I hav...
James Robert
I bought a house I don’t want.
Hey guys - i just bought my first house. Turns out the inspector missed the house foundation issue.. the house has a sinking foundation and I don’t wanna pay to fix it. 16.5k quote before leveling floors.. I paid 183k...
Adam S.
Fired Property Manager
Hey everyone!I recently fired my property management company. I will be self-managing. Do I need to issue an addendum to the lease and change all the emergency contact info for repair, how to pay rent, etc. Tenants a...
James Conaway
Bill tenant or let it pass?
Have a new tenant in one of my units in a fourplex. The unit has used appliances I purchased. The tenant moves in and notifies me that the dishwasher is leaking showing me a picture of suds all over the floor. I go ov...
George Red
Done with tenant. Send vacate notice & start eviction process at same time?
I have an inherited tenant that I was putting up with because although her rent was always late... she did pay and I wanted to avoid the turn cost and headache of getting her out. Short story is that after a "reset" a...
Ben Bourgeault
Asset Protection Plan
Hi, I am fairly new to the investor world and I am concerned about asset protection. I use most of my cash flow to pay down the mortgages on the properties but the more equity I have in the house the more I am concern...
Lynnette E.
bankrupcy and tenants
Landlords, do you rent to people with recent bankruptcies? Normally, I would not consider it. But, thinking about it, they have serious issues in managing finances, but I think they can not refile for a while, so in...
Miles Stanley
Buying homes from motivated sellers...what happens to their "problems" when the home becomes yours?
so say you approach a potential motivated seller to buy their house and relieve them of their financial issue (cant make payment, etc). You make an offer, close on it for the agreed amount and boom, its yours!When th...
Mark S.
Pet Insurance: Yes or No?
First let me start off by saying that this thread is for those animal lovers that have pets and consider those pets to be a part of their family. I don't really need to hear from the cold-hearted, non-animal lovin...
Matthew Jones
Newbie with Roof/Insurance problem!
One month into my first home and I have a big problem. Progressive insurance who I have my policy with, is now saying they want to cancel my coverage unless I fix my roof ASAP, and it needs to be done by licensed roof...