Tom Harkins
How do you use SOPs?
My day job involves launching and operating satellites, so SOPs are near and dear to my heart. We basically don’t go to the bathroom without a procedure.
I am still new to real estate investing as a landlord, current...
Courtney Oldrin
How to write a lease and screen
Help! I am up here in mid Maine (properties in Old Town and Appleton) stuck in the fetal position- would someone help me up? Specifically, how do I write a lease and how do I screen? Is there an online service that...
Mike Welch
Managing PM's: Questionable Repair Charges
On my recent property statement, I've noticed a charge I think looks ridiculous. I'm wondering how experienced property owners who work with PM's would handle this matter.
I acquired and rehabbed my first property i...
Geo Johnson
My First Deal: Cashflow vs Equity
Hello All,I’m currently in the process of developing my first RE deal. I have Realtor and I’m working on funding. My question is this: while researching deals I’m finding two major types of properties, major rehabs an...
Artur A.
Getting too many maintenance requests from Tenant
Hello BP friends. Getting too many requests related to plumbing.Do you have any recommendation for that? I was thinking about updating contract to make tenants pay for expenses (plumbing issues)Last month expenses wer...
Mike Landry
very high electric bills
my tenant had a $350 electric bill last month, almost 3000 kwh. 1600 sqft brick house built in 2005. What is the most likely culprit for this? I have someone coming to check out the ac this week anyways. Any other po...
Shawn Thom
Simplisafe review- Alarm System
I don't know if I'm allowed to post this type stuff so feel free to delete it. I do not work for nor get any $$ from simplisafe.I've been mentioned that I thought about using simplisafe alarm system so i thought I'd ...
George P.
Washer died. Replace or repair.
A 9 y.o. Whirpool washer just died in the rental unit. My first reaction was to replace it with new (for no more than $500, some basic washer). But then I thought of fixing it - but since I never dealt with fixing,...
Adam Shelley
Unnecessary service calls? What to do?
Hello! A tenant texted me and said the electrical outlets in her walls were making a "clicking noise." She included a screen-shot from her phone that said clicking sounds from an outlet could be faulty wiring and were...
Jack B.
Bed bug infestation from previous tenant...
New tenant is complaining about bed bugs and their two daughters being bitten by them "badly". These people just moved in LITERALLY a day ago. I didn't see any signs of any bed bugs and the carpets were steam cleaned ...