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I have a tenant who recently moved out. They left the property filthy and with tons of broken stuff. Deposit was $2800, and I sent a check and letter to them for $1880 after they moved out. I never heard back, and I f...
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I'm curious as to how much on average do you spend on a rehab; Not including holding costs and other fees, just the fixing and labor it self.
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Hello BP,
Which of the following is better investment play for first-time investor based on current market conditions and that cashflows (8-12+%) per year?
1) Turn-key properties including new builds
2) Multi Famil...
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Hello everyone! I recently purchased my first property earlier this year and have been managing myself. The property is a owner occupied fourplex in Texas near the DFW area. I just received a call from one of the tena...
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Hello! About to close on my first rental property in OKC (B class 4/2). Anyone who operates in this market have some insight on whether a washer/dryer combo is usually provided or would most prospective tenants expect...
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Some of my larger homes are experiencing more guests than we can sleep. I know this is an ongoing issue. I have tried asking guests to invite every adult staying into the Airbnb booking. We send a message prior to c...
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Hi there,
My property manager in Beaufort, SC has an in-house maintenance firm that charges $60/ hour for general maintenance. In this specific case it was installing a new doorbell, re-attaching a fan cover, and ad...
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Our tenants of 7 years are moving out next. They have asked to break the lease with 11 months remaining. When I went over to prepare for a showing I noticed there was water damage on the ceiling and a bunch of tiles a...
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Hi BPers! To keep a long story short I'll get to the point. I'm under contract on a 9-unit building in Chicago. Found it off-market and it's an estate sale. It's a corner building next door to a 7-unit building I acqu...
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Hey everyone!I've been driving for dollars as of late, and I finally found a home that looks to be abandoned (overgrown landscape, mailbox completely full, broken windows, and the whole nine). After doing a bit of res...