Hello BP,I'm writing to post an update to this post, and share the details of our first deal. We were originally looking at a triplex in our local area (linked post), although the seller wasn't willing to budge on th...
I’m working on purchasing a duplex which has a 1 bedroom unit that has a noticeable cigarette smoke odor to it. My property manager let me know that in order to convert that to a non-smoking unit I would want to go th...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $380,000
Cash invested: $60,000
Sale price: $525,000
I was asked by the realtor to give the owner recommendatio...
What do you do when withholding deposit money when a tenant leaves? I understand if there is professionals you have to hire, then that bill is easy. But what about issues, you take care of yourself? If you steam the c...
Looking at a house that has been owned by very heavy smokers. Overall the house is in poor condition and is a short sale. Nothing that scares me, except the fact that the walls, ceilings, heating ducts, windows, EVE...
I recently purchased a duplex and inherited tenant who was allowed to smoke in the “garage” under her previous landlord. After a few visits in her home it’s obvious that she’s smoking in the house. Her lease is up Dec...
I've looked on the forms here and online but can't find one I like. Does anyone have a good sample letter that lists the deposit, the fees deducted, etc. that I can download?Thanks!
I'm currently looking at a 2bed, 1ba condo listed at $250k -- comps that are B-grade have sold for $320k in May 2019, and A- grade units in the complex seem to rent for around $1800/month. It's in a good part of town,...
I am stunned at the number of smokers that are out there in the rental pool. Right now out of seven units I have four smokers, all of which claim to be 'outdoors' smokers, two of which I discovered subsequent to leasi...
I am looking at a flip that has extreme cigarette smoke to the point where a mask was needed to view the property. I have heard of Kilz, but have not used it in the past. Short of demo to the studs, is there any ...