Ok, I've just finished tearing out yet another piece of perfectly good carpet that was completely destroyed by an idiot tenant for no reason whatsoever. I'm giving painting these wood floors a shot to see if I can re...
Hi all,I am trying to hammer out the repairs and replacements a tenant is responsible to pay for as well as my responsibilities as the home owner. I have been reading on BP and the answers are all over the map. Will y...
Hey all,I'm a new member to the BP community. I was hired as a property manager for a good friend in October 2018 with absolutely no knowledge of real estate or even maintenance work. After about two months of constan...
I am a first time landlord, and my first tenants just moved in. They had excellent references, rental history, credit scores and income.
I drive past the property on my way to drop my son off at school in the mornin...
Just wondering what the general consensus is on Section 8 properties from those who are already involved with them? Do you recommend using a management company?
Hello! My husband and I are set to close on 17 units tomorrow. I've been after them for the longest time to send me copies of leases and contact info for the tenants. I just received leases today, and most of them are...
Hi all,I am in the process of purchasing an 1100 SF house. The house currently has a fuse panel and outdated wiring. We will be changing the layout so, figured we will upgrade all the electrical while we are at. I ...
As regular readers of this site know there’s plenty of sentiment (and evidence) that we’re headed for some bad times, maybe even some truly TERRIBLE times.
I have two questions:
1) Are you worried and, if so, ho...
My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...