Kyle Johnson
Reimbursing Tenant for Fixes
Okay. I got a call from my property management company the Monday of the week of Thanksgiving. Oven Door window cracked. Tenant needs it fixed ASAP so they can have Thanksgiving. PM sent guy to look at. They couldn't ...
Jeff G.
Got Badly Shtooked by Contractor in CT, Need Help
Long story short: my GF and I hired a contractor to renovate our condo. We had some issues with our bathroom surround not being water tight. We caused "indoor rain" on our downstairs neighbor's bathroom. At the advice...
Otto Williams
Realtor that also has Property Management business
Is it smart to hire my realtor as my property management being that they own a property management business? Or is it smarter to keep my realtor and property management separated. Im thinking its seems convenient to h...
Haley Jang
What should I do until closing?
Hello BP team, a new house hacker here.
I'm currently under contract for my first-ever primary townhome, which features 3 beds/3 bath. My plan is to rent out two of the rooms to help cover my mortgage payments.
So f...
Glenn Kopensky
Florida: Tenant in Jail, complete stranger in house
I bought a house in Palm Beach County this year and it came with an existing tenant with a lease. The lease has only one tenant's name and says up to 5 children under the age of 18. After I closed, the county removed...
Delin W.
Owner as Property Manager... LLC for negligence liability?
Hi all:
I've got two rental properties that I'm about to put into LLCs via Land Trusts. I'm pretty confident this will take care of my concerns about homeowner liability and the "due on sale" clause.
My remaining c...
Mike H.
Am I obligated to compensate tenants?
I own a condo property in Dallas area that had 5-6 leak incidents from the unit above. I, as the Landlord have responded all repair coordinate/cleaning within 24hrs after the report. However, the tenant is now threa...
Jason Chmel
Need 12% Cash Flow to walk away from our jobs. Possible?
My wife and I are contemplating an early retirement. Very early. We have saved well and have some money, but not enough to live on the 4% the mainstream retirement people say we need.My question is this: Hypothetic...
Pat Clancy
Rental cash flow in a sideways market
Hi all,First off, I'm a new member. Looking forward to learning more and sharing some of my insights.I currently have one investment property, condo, generating $1,700/month with a mortgage/HOA around $1,000. It's bee...
Anthony Zotto
Tenants want rent reduction due to virus?
I still have to make mortgage payments and my tenants want to “figure out a rent plan”. I think business as usual unless the government says otherwise am I correct? Thanks