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Re-Post from my BP Blog --> My recent tenant mishap led to burst pipes and thousands of $$ in plumbing, carpet, paint & cleaning. Worth it? 100% IMO...read on for why! All feedback is welcomed and encouraged.--...
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Hello Everyone, I am new to BP and currently trying to go through the entire podcast series. I have a single family which I'm renting out through a Month to Month agreement and have had it rented for 1 year so far. Th...
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Can anyone recommend a good low cost company to collect rent payments?
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Hello BP!Today I was curious about paying contractors. I have a contractor that is doing some financial analysis work for us right now and since we will be paying him every 2 weeks, I wanted to know what you thought t...
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So we did an eviction probably six months ago. Tenant owed over $10,000 which judge agreed that they owe us. We finally got the property back and spent thousands of dollars getting it back in decent shape.Should turn ...
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I have a multifamily, and luckily both tenants stayed for two years, but the upstairs tenants are leaving. I found a new tenant quickly, but I'll lose a month's rent due to the transition. Is there a strategy to trans...
If a tenant is evicted, is that the equivalent of getting a judgment in order to pursue them in collections? I just want to make sure I understand how this works. Thanks
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My renters caused damages where fixing is about 10x the security deposit. How can I fund the fixes: Do I bill their insurance? Do I sue them and they bill their insurance? I've never had to deal with this situation so...
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Every time a tenant moves out, they don’t pay their last month’s rent. Sometimes they leave without paying the last two months of rent. Security deposit is not enough to cover the turnover and back rent. It seems near...
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So after spending some quality time to resolve a clogged drain (hair) and replacing some worn parts our tenant's bathroom sink was working perfectly. Draining like a champ. We did not charge the tenant figuring this w...