Carlos Licon
House Hack Details-Water Subdividing/Rent Collection/Insurance
I am currently looking at a Triplex to house hack, however the numbers do not look great and I am looking at ways to try to optimize them. 1) I often hear Brandon Turner say to Subdivide/Submeter the water utility tha...
Jason L.
How to charge for plumbing bill when two units share one drain?
A plumber recently came out to my duplex and found paper towel that clogged the toilet in unit 1. The thing is that the drain is shared by both units, so technically the paper towel could have come from the unit behi...
Marcus Isaac
Renting rooms in an illegal duplex?
What would be some of the problems that may arise with trying to rent rooms in a property that has been illegally converted into a duplex? It was a 2-story sfh that now has a unit on the bottom and a unit on the top, ...
Manmath D.
How would you handle this situation ?
So my tenants that live in my duplex got a dog that is not well behaved and destroying property. I'm sending them a notice today, what corrections would you make to this. *Insurance agent quote is just make up story b...
Mark Forest
Claiming depreciation on idle property
Hello all. This has been a very busy year and I let one of my rental houses sit without tenants for all of 2014 till now. We have been working on it to get it rent ready, but it is not quite done. It was rented for...
Mahmoud Y. Elhalawany
The assignee backed out of the deal but won't sign paperwork
We assigned a contract to a buyer who backed out of a deal and now we have a new buyer lined up. Unfortunately the old assignee is being difficult, our attorney can't give us legal advice because technically now she i...
Jeffrey K.
Notice to terminate lease law change HELP!!!
Hi,I have some tenants on a month to month lease that have not paid rent. Therefore, I would like to terminate their lease. The problem is that I am finding conflicting information online. The Colorado landlord/tenant...
Manuel Savorelli
Outdoor Outlets
Hey board,I have a tenant in my HOA condo that wants to put up Christmas lights on their porch but the outdoor outlets aren't working. I understand that the HOA is responsible for outdoor/external maintenance, while ...
John Kamble
Seeking Advice on Potential Loan Occupancy Breach with Sale
Hi BP Community,
My friend is running into what I see as legal issues. The situation is as follows:
She purchased a property as a primary residence and took out a conventional 30 year loan for mortgage on it. There'...
Josh Buchanan
Looking for financing for 10 single family rental purchase
Looking for options to finance 8-10 single family long term rentals from an individual. Total purchase price of around $550k. Properties appraise for around $625k. I can put 25% down but a large portion of that is fr...