Bob Romano
Tenant always late, what to do?
My tenant has been in since Nov 2018. Out of the 4 months, he has been 15 days late for 3 months. My lease states rent is due on the 1st. It is late as of the 5th and there is a $50 late fee as of the 5th. He consiste...
Cheryl Daniels
Tenant put Padlocks on all Rooms in Unit
Hi,During an inspection, I found that a tenant put padlocks on all rooms with doors without permission. He said that it is his right to have locks if contractors, etc enter his unit. Additionally, he will not provide ...
Morgan Gruelle
how do you track expenses you pay cash for?
I am wondering how I can account for cash expenses. I have a rental property that I did not have time to paint so I paid a friend cash to paint the rooms over the coarse of a few days. I am wondering how can I track t...
Daniel Toshner
Closing on my 151st unit in less than 24 months!
BP!I would have never been able to do it without the BP community! I will be closing on my 151st unit in less than 24 months. If you told me I would have more than a 100 units when I first started looking into real ...
Derreck Wells
Trouble finding a good contractor? Maybe it's not them...
I see post after post and hear podcast after podcast about investors having trouble finding and keeping good contractors. Did you ever stop to wonder why?
Well... It's because contractors don't work for you any more ...
Aaron Gorum
Contractor didn’t do a good job
We just finished a kitchen renovation around Newport RI and we aren’t happy with the quality of work provided. First, the contractor ran way over timeline. I didn’t have a penalty for that because I thought a simple k...
Adam Batcheller
Tenant wants to install ceiling fans
My tenant wants to put ceiling fans in the unit he is renting from me. He said, he would buy the fans and his brother, who is an electrician, would do the wiring and install the fans for free. There is no ceiling lig...
Frank Adams
Lamest excuses for late rent
Had dinner one night last week with another guy who has had rentals for about 15 years and naturally the topic turned to deadbeats and why it's not their fault that they don't have the rent. The following is a compila...
Skyler Walker
How do I let applicants down, sincerely and professionally?
I have just purchased my second investment property and fortunately had a slew of applicants. I had no issue sending correspondence to those who did not put applications in however I am having writers block when cons...
Sam Leon
Wear and Tear? Or Not?
Fellow landlords, are the following something you would considered "normal wear and tear" or no?
Window blinds - these blinds were brand new before the tenant moved in 16 months ago. I am not sure what happe...