Nerissa Marbury
After tenants moved out, I discover they had extra people & pets
After tenants moved out on June 30th, I discovered they had extra people & pets living at the house (both were explicitedly against the lease agreement). The house had excess wear and tear and damage that is above...
Tj Ruizo
He ran with my MONEY
Hello BP community,So I have my first problem, My General Contractor that ive hired was not doing a very good job. Short-Long story is I terminated the contract we had agreed on and ask him to refund me my money and h...
AJ Pryor
[Advice] Allowed rent deferment due to COVID, tenants moved out
We acquired a 4BR SFH in 2019 used as student housing. There were existing tenants and a lease in place - the lease had some issues (such as being rented to individuals instead of as one amount and with no parental gu...
Alex Ferraro
House Hack - Umbrella Insurance
I'm closing on my first househack in late January and have been struggling with the decision of what kind of insurance to get. I know there have been discussion on umbrella policies, but none quite answered my specifi...
John Mireles
Walking Away from an SBA Loan?
Has anyone here ever defaulted on an SBA 504 loan. How is it dealing with Colson's Servicing? Did they attempt to enforce the personal guarantee? Was bankruptcy required?
How about a short sale? How was that handled?...
Ryan Sheer
Need help with tenants wanting to choose new tenants
Hello all, first post on here.My current downstairs tenants have asked about family members moving into the vacant upstairs apartment of my 2 family. I sent them an application to fill out and find that there would be...
Melody Dodderer
Need advice screening new tenant
I'm in the process of turning over one of my units and, every landlord's nightmare, it's midwinter and tenants are scarce. I have an applicant and I was hoping for some feedback on whether or not I should pursue getti...
Michael Antinucci
Tenant has sign a new lease elsewhere but will not vacate
We have a tenant whose lease ended on Aug 31st. They have not paid rent for Aug and now Sept. They have signed a lease on another place but are taking their time to vacate the property stopping me from renting the ...
Eric Stewart
Pre-approved! House in mind! Let’s get it
Hello all on BP!Pretty excited to start seeing it all come together for the first time. Just got pre-approved for my mortgage on my first rental property. Making my offer to the seller tomorrow!Let’s make sure all goe...
Juan Contreras
Due Diligence Checklist
Hi all!I'm purchasing a townhouse as an investment that is currently occupied by tenants. I'm in the middle of my due diligence period and would like to know what I could/should ask for during this period with regards...