William Chen
Home Insurance Claim Settlement for Water Damage Questions
A month ago in October, my quadplex in Atlanta, GA experienced some water flooding issues during tenant move out with significant damage to two units and minor damage to the third unit.The property manager was unable ...
Michael Baradell
Lease Option - Tenant/Buyer responsibility
Hey BP,I have been researching Lease Options and have been getting mixed reviews on who is responsible for maintenance on the property. Prior to doing research on lease options, I would have said that the Owner/Seller...
Account Closed
Changing tenants and cleaning
I am transitioning between tenants and was wondering how other landlords handle getting the rental clean for the new renters.
Do you bring in a cleaner or do it yourself?
When do you clean it? Is it the last day of...
Alexander Hitchon
How much do you put aside for CAPEX
I was recently reading a Biggerpockets book on investing in rental property and I saw an interesting chart in the book about an estimate of typical CAPEX for a property. Curious if you think these #s are accurate I fe...
Maria Bal
Allowed deductions on Security Deposit?
HiI have been renting my old house in Miami since I moved away for the past 6 years.My last 3 tenants just left the house.I am extremely upset at the condition of the house:- Extremely dirty house - Was charged $300 ...
Bobby Bohren
Furnishing STR units
Hey All! Curious to get feedback on best practices for furnishing STR's? Is there typically a good vendor to use? How quick do you turn around furnishing an entire apartment/house if purchased unfurnished?
Vincent Yeh
House hack - renting basement
Hi Everyone,
I have a basement I'd like to rent out. It has it's own entrance. My electric panel and hvac is located there. I don't think my tenants would be ok with someone entering their unit because a breaker tri...
Brandon Leong
Average Cost of Appraisal in Kansas City
Hello everyone!My partner and I have recently just put down an offer for a SFH in Kansas City! We signed the PA and we are currently getting all the mortgage details down. This will be our first time and we are excite...
William Wironen
Kansas City Foreclosure
Hi all,I've been reading a lot of the posts and researching the market in Kansas City for a while now and finally found a home i'm starting to get excited about. It was recently foreclosed on, 4 bed, 2.5 bath 2,000+ s...
James Farrel
Pre-Rental Expenses Deductible?
I purchased a property this week and immediately advertised it for rent.
I am showing the unit to a prospective tenant today, but we have not yet discussed a lease date. Have I now met the requirement of making t...