Alex Thomsen
Earnest money deposit on a new construction
Hi BP community,
I have a situation, which seems a bit odd, and I would be grateful for any insights. I am looking for single family investment/rental properties in Charlotte NC and my agent found a new constructio...
Will Baker
Newish Landlord Questions
I'm currently leasing out my 2 bed/2.5 bath town home in a really nice area to my current tenants for a base rent of $950. I'm assuming they will not resign another lease because this will be the third resign should t...
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
I recently had a long-term (5.5 years) tenant move out. She was a fantastic tenant—always paid on time, easy to work with, and took good care of the property overall. She did move in two cats during her tenancy (with ...
Tara Sonnabend
Need assistance with landlord I'm leasing an arbitrage property from in Glen Ellyn, I
My company leases a property from a private landlord in Glen Ellyn, with permission to sublease. A leak from the wax ring of the toilet was recently discovered and reported. I notified the landlord immediately upon re...
Scott Foster
Water in the basement... and I don't know what to do!
So this is my first flip, and I just when I thought all was going smoothly and we went into contract for asking price with buyers, this happened....The buyer's had a home inspection, and the inspector tore us apart. ...
Account Closed
Putting a Deal Together
ADVICE ON THIS DEAL ANYONE??Hello! I am a new member from Indiana. After my Divorce some years ago, I rented a unit in a 4/5 unit apartment building that was built in 1935 by the owners Grandfather. The owners, a wo...
Ken P.
How to find utility cost before making an offer?
We're considering making an unsolicited offer to purchase an apartment building. We know what the rents are, what the vacancy is, what the competitive rents are, have estimated per-unit and site rehab costs, after-pu...
Lori Marra
Preset Thermostats and Heating Issues
As a landlord, I need to know what I can/should do about complaints from some tenants about the heat in their apartments.
Three months ago I acquired a 6-unit apartment building in Western NY. The building was struc...
Naoko Potts
First time property walkthrough
I found an old but decent property for sale using Realtor.com website locally and I am scheduled to take a look at this property tomorrow with a realtor who is happened to be my friend.The tenants will be there while ...
Scott Wilson
Renter Damage - Use some quick advice
Probably covered before in BP... but it's me and it's personal now ;) Ha! I've seen people say "eat the damage" and "take it outta their deposit"... wattaya think?If I don't keep part ...