Sam Leon
Tenant applicant requested water efficient appliances
I have a tenant applicant who asked if I would consider replacing my existing washer and dishwasher to an energy and water saving model.
They are willing to pitch some $ in.
In my case, the washer was p...
Michael Lauther
Offer accepted, Time is of Esence to close Bank cant close
I put $500 earnest money and bank countered and I accepted counter . they stipulated that if I could not close by 8/20/12 they would be entitled to $100 per day. i am ready to close they cannot get title cleared in ti...
Todd Schmitz
Colorado Rental insurance
Coming up on the new year and I am going to shop my insurance policies as I have 7 properties plus auto plus umbrella. I usually have pretty good luck saving at least 10% when I have shopped them in the past.
Who do...
Justin Case
Burst Pipe - Tenant used when freezing outside
My best tenant used the outside hose to clean out the garbage can when it was freezing outside at 30degrees out.
This caused the outside spigot pipe to burst that leads in the basement. (thanks for easier access)
I ...
Zach Adams
Changing PM is going to be expensive
Good morning BP Nation - I'll try to be succinct with this post. I'm changing PMs because I'm incurring non-stop maintenance and have had issues with tenant turnover, and a decrease in quality of tenants. My current...
Alejandro Bautista
Recommendations for new gig
Good evening! Wanted to inquire from a few experts on what route to take for a side hustle I plan on running out of my garage. My wife and I are past 150k W2s and I also have an S Corp out of IL for rentals I own. Wh...
Jerome Morelos
Insurance for a house hack
I plan on house-hacking a 2-4 unit property and the insurance aspect is very confusing to me. What type of insurance is best? I read that replacement cost policy is best because it gives full coverage of the property,...
Carlton Wood
Attorney at closing? Absolutely necessary or overkill?
I'm too weeks from closing on a four family house in Delaware county PA (my first property) and my attorney and my agent have conflicting schedules on closing day. I am aware some states require you have an attorney p...
Chris Parr
NJ Foreclosure Wholesaler/Flip ( how does this work)
curious how wholesalers work with foreclosure properties. Do they buy at auction and then look to sell to others in a quick cash transaction? Do they typically get involved before auctions and never take posession of...
Min Liang
When do I pay back HELOC interest
When do I pay the interest for using HELOC ? As soon as I repay the amount I use? Or after the draw period?