Matthew McConville
50% rule question in analyzing deals
I am looking to buy my first property, a multifamily. I learned about how to quickly analyze deals using the 50% here on BP. My question is, when using this method, should I factor in PMI into your P&I if you are...
Scott Speer
Bed Bugs and other Pest
Does anyone have a paragraph they add to their leases that goes along the lines of:
Your unit is Pest and Rodent free at move in and it is your (The Tenants) responsibility to take care of them while living h...
Chad C.
Large fee from my PM on a wasp nest removal
Greetings, I started to hijack another thread before I realized this is my own issue. My PM in Denver recently had a significant charge on my statement for a wasp nest removal ($200). Ok, The amount is high, but thing...
Prash Manohar
issues with property management and concerns
Hello BP ,I recently bought my first rental property and few months down the road facing issues with a nit picky tenant and a substandard PM company whose primary goal is just to appease the tenant (Unfortunately they...
Elford Stephens
Roaches and mice and TERMITES Oh my!!!
We recently put a 7 unit apartment building under contract. During the inspection we saw evidence of mice, roaches, and active termite infection in the basement under the floor. We are new to investing. We need...
Jay Garrison
tenant complaining of sour smell in kitchen pantry
Hello,I have a tenant who is overall a good one, but had a mouse infestation due to leaving a big bag of ramen noodles on the pantry floor for months... mice got in and caused a big infestation. I paid for the pest co...
Patricia Luna
City inspection due to tenant complain.
I have a rental in Harrisburg, PA. And was given a notice of code violation by a city inspector, due to a complained filed by my tenant.This is what I am being adviced to repair:1) Door not lacking completely.2) Leack...
Bian Dahab
What’s happening to this floor? Advice needed
Hi all, I got a new construction home with a beautiful hardwood floor. I moved in at the beginning of June and have been noticing these floor damages happening over time. I noticed one in July and now there are four s...
Dave Ketcham
Maintenance request from tenant
Our most recent purchase is our first single family residence, so we are still getting used to the different maintenance requests that we are receiving from the tenant. Most recently, the tenant is asking for:1. The...
Jesse Scroggins
Tennant arrested!! Not coming back
Jail so looking for some quick advice... Long story short my Tennant got arrested for some sick stuff and if convicted will be gone for a while. 100k bail if that tells you anything. A warrant was served and the doo...