Summer Dean
Ceiling darkened at roof beams- I've never seen anything like it
Have any of you seen anything like this? It is throughout the house and the dark lines seem to correspond to the attic/roof beams. The house is only 14 years old. And seller says he replaced the roof due to storm dama...
Kayla Marek
Damages caused by tenant-wear and tear or gross negligence?
Our tenant from hell will finally be gone at the end of the month. Unfortunately, last night he broke the push lawn mower. Initially he told us the blade "fell off" while he was mowing. Under further review, it appear...
Chris Martin
Siding repairs... 6", 7", and 8" face
We have property in two complexes ("A" and "B") where there is a need for about 30% siding repair in each one. The reveal (the face of the siding) is 6" in "A" and 8" in the other. This issue I am running into is that...
Ralph Noyes
Handling Deposit Refunds When Tenants Left Unit Less Than Clean
At walk through, fan blades were all caked with dirt, cobwebs and dustbunnies abound, hardwood and tile floors hadn't been swept or mopped, countertops not wiped, exterior of kitchen appliances not cleaned, stove top ...
Larry K.
Carrying costs as "Renovation" OR "1st Year Expenses"
Bought in Sept 2011 for about 130k, Rehabbed by end of Dec 2011.
Rehab costs were about 45k
Holding costs from Sept-Dec were about 7k (monthly loan payments, utilities, taxes, insurance)
182k rehabbed. The place i...
Aaron Malejko
Starter home turned rental
Investment Info:
Single-family residence buy & hold investment in Canon City.
Purchase price: $106,000
Cash invested: $15,000
2 bed/1 bath home. Probably built in the 40s. Full finished basemen...
Josh Blades
Newbie's first deal--Class C property in good condition
This is my first post, and--you guessed it--it's about my first deal. First of all-- props to all the contributors on this site for the wealth of advice you have given me without me even having to ask. There is a ton...
Albert Johnson
Would tenant be responsible for AC repairs?
It has been really hot this week. When the tenant moved in everything was in good working condition. HVAC is about 3 years old. Tenant is saying AC won't cool to 73 degrees. It hols on 80.I told the tenant not to low...
Justin C.
Frugal lessons learned while renovating a 100yr old house
I am about 90% complete on renovating a 100 year old SFH and have learned several ways to be frugal which I will carry into the renovation of my second property. I thought the BP community would gain from my experienc...
Katrina P.
Tenant says fridge is working, but makes a loud sound. Help!
Hi there, fellow REIs!
I have a tenant who is complaining about her refrigerator. She says the unit is cooling properly, buy makes a LOUD, short, humming/buzzing sound every time it comes back on to cool. Of ...