Ron DeMaria
What would you do? Furnace issue caused high electric bill
Here is the scenario.
Due to a defect in the furnace it may have caused the a/c to run while furnace running causing a high electric bill. Tenant is asking to reimburse electric costs.
If it proves the case, how wou...
Joel Florian
How to attract good contractors. Stop wasting time searching!
"How do you find reliable contractors?" I have heard this question many times on the forums and in the podcast. The answer is that reliable contractors are all around and you have either rejected them or scared th...
Charles Jessup
How much should I spend for listing photos for a rental property?
Hi biggerpockets, I'm a new landlord trying to put my first house up for rent. What kind of pictures do you think I should use? Do I need a $500 professional package, or can I just use my smartphone camera?
Shari Posey
Is this an O.K. deal? 5-plex
The property I'm looking at is a "rehabbed" 5-plex. The owner bought it earlier this year for $290k but really didn't do much to it other than some minor maintenance and paint the exterior (ugly). There's room for ...
Christopher Freeman
Tenant Complaining About Strength of Wi-Fi Network
Hi all,We have some college student tenants whom we inherited from the previous owner. Most of them are fine, but one of them is very needy. The legacy lease provides internet, which we have provided and which works i...
Matt Huber
Feeling like a chump: Home Warranty Claim
Hello! I had an acquaintance with a real estate investor not long ago. He self-manages several properties, but also has a full time job which keeps him on the road quite a bit. He said that he purchases a home warrant...
George Gipson III
Rental Property overrated
Before today my mindset was buy cash flow rental properties. I talked to a semi real estate investor who inherited 3 properties. She told me I should flip instead of rentals because by the time you keep fixing issues...
Daniel Porter
My biggest fear happened: a break in
Well today it happened folks. Got to the property I am currently rehabbing and found the door kicked in, with all my tools stolen. This is my first property, and I’ve been rehabbing it by myself for the last few month...
Steven Singleton
RDU Broker - Great First Impression, Awful Long Term Service
This is an account of some of my experience with RDU Broker over a 21 month period. Jonathan Matthews was my principal point of contact during this time. I hope to simply provide an account of my experiences to help o...
Amine E.
Deal or no deal
Side by side duplex. Last sold in 04 for 175K. reasonable rent for each side is $825. Here are the numbers:
20K in repairs
Taxes are $2400
INS is $2000
Separate utilities except for water and trash: ~$1...