Alik Levin
Garage door opener - repair responsibility
Dear all!I am using BP's Annual Lease Agreement with excerpts down below for reference. A tenant texted me property's garage door won't open and she asks when someone will come to fix it. Before I engage back w/her I ...
Greg P.
Vent Cleaning Required on Rehabs?
I'm wondering if you guys think vent cleaning is required? I have a house that had mold (not a lot), and was wondering if we should also do vent cleaning to make sure all of it is out. Also, on general rehabs withou...
Roy C.
Parquet hardwood floor water damage: repair or rip it out?
I have a property with extensive water damage on parquet hardwood flooring as shown below. The property is about 1000 sq ft and I have three water damaged spots like the one shown in the pic. The hardwood is lay on ...
Lavern Keerich
Offering Section 8 Housing
We have found a property located in a depressed area (Flint Mi.) the property seems to be a great candidate for section 8 however we have no experience in this area of the business.We have a good number of other units...
Grant Liddle
Seeking advice on compensating contractor for structural work
My wife and I are currently working with a contractor who is addressing a foundation issue with an older duplex that we purchased last fall. Unfortunately, we discovered that the main support beams in the floor of th...
Al Nelson
Tenant has given 30 day notice
Tenant has given 30 day notice via mail. I have not been able to contact the tenant. I have found all utilities has been shut off. Do I take possession of property, or wait until 30 days have expired? Appears tenant h...
Derek Sperzel
Replace 97 year old door hardware in rental?
We are currently renovating a 1922 all-brick craftsman, the house still has all the original interior doors, and hardware. We will BRRRR this property, and while we love the look of the original hardware, we are conc...
Randall E Collins
Busted and Ready to just Quit!
Hi all, newbie wholesaler in Dallas suburbs. Spent weeks learning, found a investor, finally got my first deal under contact. Counting my chickens before the eggs hatch I know. But looks like investor is backing out o...
Lucas Hammer
Minor leak or major foundation issue?
I originally posted this in the Chicago forum, but realized it made more sense here. Hey everyone, I'm working on closing my first deal in Chicago and the only issue I've found so far is a small foundation issue wh...
Jeff B.
Asset Protection vs Piercing the Corporate Veil
Asset Protection & Piercing the Corporate VeilWe've all heard of Asset Protection and the suggestion is typically to create an LLC and hold title in that legal entity. In and of itself, this can be a major hurdle ...