I had to post this for others to learn from my mistake. No matter how much experience you have, you will always be at risk of taking a lost at some point. My problem, I'm way to nice and give everyone the benefit of t...
When researching applicants I review county court records. I've recently had several applicants with eviction cases that were dismissed without prejudice.Our policy is to not rent to anyone that has ever been served ...
Hi BP Community,I recently encountered a situation with my primary residence that got me thinking about how it might impact my use of the BRRRR strategy.I recently refinanced my personal residence with about 60%LTV. ...
Hello everyone,My PM charged me $290 for replacement of a cartridge on a tub faucet. Does $290 not sound like I was way over charged? I mean how expensive are parts and labor? Sometimes I think about trying to manage ...
Hi everyone.So, I've had my 4-plex for about 8 months now and had no issues with collecting rent for the first 6 months.. Then.. One tenant started to pay a little bit late because of some issues she was going throug...
My wife and I just bought a Freddie mac home steps house during the owner occupied period. We closed last thursday. I needed about 3 weeks to paint and do some work to the house before moving in, so we have not yet mo...
Hello Fellow BP'ers!So, I've been renting to the same tenants going on 3 years! Exciting, yes. Everything has been fairly uneventful with them - except for having to replace the whole HVAC system the first summer they...
So we have purchased a property that we feel will turn out to be a great deal, basically purchased for the back oweing taxes. Here is our first problem though, it's occupied by a "tenant" that supposedly had a verbal ...
Hi all, I am a fairly new landlord in northern Virginia, and have been renting my 2 bedroom town home for the last two years. I just had new tenants move in and within two weeks, the closet shelves in the master bedro...