I realized that my property management contract states that I'm paid 20% of gross revenue, but in fact, I pay the cleaners their fee first (I mark it up a little on my OTA to factor for platform fees) and then I take ...
We are in our due diligence period now and one of the biggest issues we found during the home inspection was more roof damage than we originally thought. I have heard that the seller can file a claim with her insuranc...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Durham.
Purchase price: $85,000
Cash invested: $97,353
Duplex on Lee Street in Durham... Front (A) Unit had extensive fire...
I am selling one of my rental properties. The current tenant paid a $600 pet fee (2 pets @ $300 each). The lease calls this a pet fee, not a pet deposit, and states it is non-refundable. The buyer has rightly requeste...
I'm under contract on a 4plex property in Texas (Houston Area) and just had the inspections completed. The termite inspector's report read that there were signs of a previous termite infestation but it looks like the ...
Hi BP community, I need some feedback on whether I should hire a lawyer to help me with my tenant issue or if it's something I can take care of myself.
Background: so my tenant has been avoiding me. Not responding ...
I could have sworn I heard on a BP podcast episode that there is a device (or devices) you can attach to existing plumbing that effectively individually meters each unit of a multifamily property without actually sepa...
There is a common belief that recapture taxes diminish the value of performing a cost segregation study. However, this perspective overlooks the strategic advantages that a detailed cost segregation report provides. ...
Hey everyone,I don't wanna be inconsiderate in the wake of this horrible hurricane but I have a legitimate question.My sister is moving to Houston in a month and currently house hunting. Should I tell her to wait? Or ...
My property manager contacted me to let me know a tenant in one of my duplexes has been given a dog. They asked me if I would consider collecting a 200.00 pet deposit and 25.00 a month for pet rent or if I wanted to e...