Gerard Scranton
I have equity but no cash to rehab. How can I move forward?
BP Fam! I have a property with over $80K in equity. I would like to rehab the property. Rent it out and refinance. The mortgage balance is $26K (-/+). The rehab + landscaping = $65K (approximately) Would it be better ...
Robert Williams
Tenant Request to Refund Pet Deposit for the Holidays —How Would You Handle This?
Hi everyone,
I’m looking for advice on how to handle a recent request from one of my tenants. Here’s the situation (personal details removed):
The tenant reached out explaining that they’re going through financial d...
Chris Bishop
My 7 year journey to purchasing my first rental property
Connecting the Dots
A friend of mine once told me that when you set out on a journey to accomplish something, you won’t be able to see how everything worked together until you reach your destination. You can’t connec...
Nancy Molinari
Looking for a BP pro to weigh in on my responsibility to the tenants in CT, while the prop. is in a short sale
Hello all,
I really need your expertise on this question. I own a duplex and live in 1/2, renting the other side out. I will be moving to Boston for a new job and at 57 years old, crunching the numbers does...
Jay Hinrichs
Landlords will you give tenants affected by virus a break on rent
I am curious how the landlords on this site will handle tenants whose jobs are going to be impacted by all the conventions being cancelled and hotel rooms being cancelled and flights being cancelled etc etc. We know o...
Jack B.
Would you rent to these room mates or not?
It was slow in February and March finding a tenant for another rental, though I ended up with 5 qualified applicants and filled it before I had any vacancy. Now I have another house vacant for 3 months and almost no ...
Matt Morgan
Parents battling foreclosure for years
My parents built a home in 1999. It's appraised at 430k. They have been battling foreclosure for well over 5 years. Just barely scrapping by to keep the loan current the best they possibly can.They owe $141k on the fi...
Evan Aagaard
Stuck with bad tenant during lockdown - what would you do?
So I've been dealing with a bad tenant situation since February of this year. Filed an L1 to evict for non-payment of rent and also filed an L3 because the tenant finally agreed to vacate but then changed their mind ...
Pat L.
Landlord of the Year award
This was in the UK....where they call it Letting & he does fill his ramshackle units with the perfect tenant.He's being investigated so this should end well!!!
Edward Kiser
How to fire my contractor?
My home was damaged by Hurricane Florence a few months ago so I hired a general contractor to manage my project from start to finish. We had a verbal agreement to be finished before Thanksgiving but he keeps saying he...