Marek Kucharski
Returning deposits: Are invoices needed?
Hello Everyone,
My tenants have recently moved out, leaving the house in less than ideal condition. The condition of some walls went beyond normal wear and tear and the house in general was left quite dirty. I dec...
Account Closed
Lawn care for duplex
If you have a duplex, do you pay for the lawn care or does the tenant maintain their half of the yard? If its provided do you increase the rent any?
Johann Jells
Is a skunk in the yard my responsibility?
The tenant thinks I'm responsible to pay to trap a skunk that's bothering them by hanging out stinking up the yard and messing with their cat . Seems a stretch to me, but the wife said if it were rats in the yard we'...
Patrick F.
Are out of state property managers worth it?
Hi all, I’m coming close to buying my first rental as an out of state STR. I have been in contact with a local property manager who charges 18% to manage the listings on their accounts (Airbnb, Vrbo, etc), take care o...
John Gross
Last month rent vs security deposit. Which is better
Hi Everybody, I am new to bigger pockets and long term leases. I have a young couple wanting to rent my adu at my house for one year in Arkansas. I see on the lease agreement an opportunity to charge last month rent a...
Danny N.
I Know Leverage Is Great, But Are Paid Off Rentals Bad?
Obviously borrowing money increases you % returns cash on cash, but I have a couple rentals that are completely paid off and reading the forum is making me feel like I'm doing it wrong and should be refinancing and BR...
Mohan Deep
Responsibility for maintaining smoke detector batteries
Does anyone know if I can create a clause in my nonstandard rental provision to assign responsibility of changing the batteries in the smoke detector to the tenant?
Nathan Ramirez
Seller refuses to turn over financials
I’m under contract on a 7 unit apartment complex and seller will not provide leases or any form of financial documentation validating the property’s monthly cash flow. His agent says the seller is willing to meet with...
Rich Gabrio
Difficulty finding Loss Coverage provider for Old Commercial Bldg
I recently acquired a small commercial building that was built in 1889. This bldg has essentially been in operation most of its 125 years. I am not a developer, and therefore have no plans to refurbish this building,...
John Giggy
Can you get a loan on a property with a CLTA policy?
Hi.
I have an investor client interested in purchasing a metes and bounds property with a duplex built in 1952. Chicago Title is telling me they can only issue a CLTA. My client is purchasing the property with cash. ...