Carmella Lombardi
Cold calling an owner to buy an off market property
So I found an AMAZING property with a dumpy shack on it (it is totally falling apart). I found the owner through the county tax assessor and I want to contact them to see if they’d be willing to sell. How do I approac...
Maria S.
Can I charge deposit for a service dog?
I have a possible tenant that tells me they don't have to pay the pet deposit because their pit bull is a service animal and I legally cannot charge them a pet deposit. Advise please.
Krystle Moore
12 units purchased in June 2022
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $3,875,000
Cash invested: $1,317,500
12 unit apartment building with upside in rents. Increasing income by r...
Roy Coons
Collecting for damage from a holdover tenant
Hello,We purchased a 4-plex in June and all units are occupied. One tenant was on a month to month and the place was filthy and smelled and in dire need of work. We have a PM so we asked them to request the tenant mov...
Kenneth C.
High Utility Usage by Tenant (Landlord Paid)
BP:I'm about 4 months in to owning my first two SFH's with carryover tenants. Thus far, we have had a great working relationship. I purposely staggered the leases to expire 2 months apart, and I made them shorter so t...
Lucky Tran
Amount to reimburse tenant before becoming a pushover?
Hi all,Thanks again to the BP community answering my questions in the past.Yet again, I find myself in a situation in which I can turn to you guys for advice/opinions.A tenant was late on paying rent and paid in full ...
Stephen E.
Pet Restrictions
I am renting a unit and have had a series of would be tenants with large dogs. One had a 50 lb lab, the other a 60 lb German Shepherd. They both asked why I limit dogs to 20 lbs only, and pretty much asked what c...
Paul Winka
Fix small section of drywall that rotted? <photo>
What should I do to fix this? My first inclination is to buy a big tub of red devil spackle and artfully slap it in there with a few spackle knives of different widths, but I know that's not the right way. Note water ...
Nina Shell
Cash out refinance for new investment
I am looking to do my first cash out refinance but I have a couple of questions. I don’t know the worth of the house. I had an appraisal done about five years ago but we have another bedroom to count now in terms of c...
Sam Suitsang
Can seller back out after offer accepted in text message
Hey Everyone,Can seller back out after accepting our offer via text message. Next morning, We sent over the PA which they wanted us to mail. We didn’t hear back in 4 days. When we called, seller told us they decided t...