Jimmy Warr
A Good Deal or a Bad Deal ?
I have an 8 unit apartment building under contract in Memphis TN. Property is located in a C-/D+ area but it is .25 miles from an awesome revitalized B area. All units are 2BD / 1 BA.The Property is currently 100% occ...
Swathi Vijayakumar
Is a Tenant allowed to fix maintenance issues without informing the Landloard
Hi AllI have a tenant who on various occasions has fixed issues that have come up and deducting the cost from the rent without reporting the issue until after repairs are made. We usually find out that there was an i...
Michael Stole
What are the major utilities need to be replaced for a 1992 house?
For a house built in 1993. It is forced air central heating and cooling powered by gas. The water heater, furnace, and heat pump are original. So it is time to replace everything? What about the roof? What is the typi...
Account Closed
Pet Requirements
Most of my rentals allow pets. I do get pics of all pets, plus info on the breed and age (so no replacing of pets can be done).Here's my question: Do any of you require up to date shot records? Such as for rabies? I'v...
George Lai
Stay away from Allstar managment
Finally, I just fired Allstar Management. General manger Angel Chaney is too sassy to admit her mistake. She cannot manage her staff and vendor to perform; you get lucky if they have mood to respond your email. Not ...
Kyle Brinks
Grand Rapids Rental Certification Process
Hello,I am a Grand Rapids native and an active duty Army officer who currently resides just outside of Washington DC. I recently closed on a rental property in GR and am going through the process of getting it registe...
Michael Win
Conventional Loan & deferred maintenance affecting closing
I have a home under contract. The Sale price is 15K under the Appraised value. My finances, income, credit history are all in order without issues for best rates. Typical 20% down.The loan is in the final stages and r...
Todd Ebach
System for acquiring foreclosure properties
To all you experts out on Bigger Pockets, I wanted to get your opinion on an acquisition strategy that I have been contemplating. I know this is a little long but I wanted to get every detail. I would like to know ...
Tim Thompson
Destroyed Property during Domestic Disturbance
Hey All,
I need some advice. I manage my only rental. My tenant texted to let me know there was a domestic disturbance and her boyfriend destroyed the house. Not sure the extent but f the damage yet but the few th...
Alec Barnes
How Do You Ensure Quality Tenants?
I know there are a variety of screening practices used by landlords and property management companies. Personally, I follow this standard for every application I receive:
- Income of at least 3 times the monthly rent...