Martha Blumel
Exit strategies for pre foreclosure 4-plex other than Shortsale?
I just heard back from an owner of a 4-plex, that I originally contacted late last year. He is ready to move forward. He has not made payments on the property for years, had filed BK and no LP has be filed yet (as far...
Wesley W.
Tenants with no security deposit
Hello All,I'm seeking the collective wisdom of the BP community to try and get some insight on a situation involving a pending RE transaction. Here's the scenario...We are currently under contract to buy a few rowhom...
Sawyer Smith
Scariest objects found in a property.
This past week when checking on something in the attic of one of our active rehabs, our handyman gave us a call explaining how he had found some pretty disturbing items. When he had been in there a month prior, the pl...
Matt N.
Philadelphia Squatter - Seeking a Smooth Eviction Process
Hi everyone,I'm posting looking for advice, and to hopefully help educate future home-buyers!So I just closed on a great deal in Philadelphia. A triplex in a hot area at a HUGE discount due to the fact that there is a...
Lane Smith
smelly tenants in multiplex
I am purchasing a multiplex and before the initial walk through I was told to be prepared for a dirty tenant. It was not too bad (dirty carpet and sticky floors) but the smell of trash and body odor was fairly repulsi...
Kyle Jensen
How would you handle clean out of fully furnished house?
We have a house under contract and I’m looking for advice...The woman who lived in this house has passed away and the house still has all of her stuff in it. Her son lives in another state, so he is going to fly in an...
Taylor Green
Can I put a maximum cap on a tenants water usage?
Hi,
I was wondering if any landlord has put a maximum cap on a tenants water usage? For example, if the water bill comes in at over $75/month the tenant is responsible for anything over the $75. So if the bil...
Sam S.
Breaching the contract of a lease
We had 3 students signing a single lease together for my rental property. The lease was clearly written with a clause for "12 months" term. Without any notice, One of the tenants left the country before the lease was ...
Aly W.
Co-signer for a marginal tenant
Does anyone have any lease content for a co-signer, or should I contact my attorney? I have a potential tenant, but her last rental experience was not a good one. She had a roommate, so it's a "she said, she did" kind...
Erod R.
Fees for city of Philadelphia PA
hello everyone I'm new to this forum and I'm looking for advice. I'm investing in the city of Philadelphia Pennsylvania and I would like to know information about fees I expect to pay in Philadelphia as investor of ...