William C.
$10k in water damage caused by tenant. Advice on how to handle.
We own a SFH long-term rental. We self-manage. We have good tenants in there entering year 2 of a 2 year lease. One of the tenants hung a picture on a wall, puncturing a water pipe. There was a leak and about $10k in ...
Marcia Dabney
owner injured on icy parking lot, denied insurance information to file a claim by our HOA management company
I live in Colorado, in January or parking lot was covered in thick ice. Three owners emailed management co. regarding conditions of parking lot. One owner fell and shattered her knee cap. After all this, no attempts w...
Annette Hibbler
Here's A Scam We Came Across
We are selling one of our properties in New Jersey and decided to try the FSBO route. We've done this before but with much lower value homes. This particular one is much more up market and we listed at $500K list.Wi...
Heather U.
Am I really out the appraisal money?
Went with Wells Fargo for a loan and the told them very upfront that we work overseas and live there most of the year, though we have a US primary house that we stay at for 3 months out of the year etc...They strung u...
Tariq B.
Baltimore City Tenant Had Pest Control Without My Concent.
Hello All,Just had an interesting text from my tenant. "There were a huge amount of roaches so I had Orkin come and spray you will have to reimburse me. They can come monthly." Highly irrigated from this text as 1. T...
Doobie Sims
Delayed Financing - Cash Purchase with Gift Fund
I am closing on a BRRRR property that I have purchased all cash and plan on doing renovations using $75,000 in HELOC, $40,000 in gift fund, and $30,000 personal cash. This will be my second investment property, and my...
David Green
Loss of use/rent coverage DENIED due to turnover
There was a fire in a Chicago condo that I have been using as a rental unit for 5 years. Insurance is refusing to pay for "loss of use" since I did not have a tenant in place during the actual loss.Is this common pra...
Andrew Shrigley
NNN maintenance obligations
I have recently leased out my commercial property. The lease states:
Landlord agrees to make all necessary repairs to structural portions of the Premises, including the roof, exterior walls, foundation, and exterior...
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...
Jon Ful
Citation from City - Tenant Caused
Hi Friends, We received a citation with a $100.00 bill to our property for tenants leaving trash bins on the street. Can the landlord pay this out of security deposit or should the landlord pay it and send the tenants...