James H.
What we are paying for 12 month insurance policies? 2020
I want to know how much your'e paying for insurance. I was quoted $1500 for a 12 month policy on a triplex in CT. It's in excellent condition, rebuilt in 2017. What are you paying?
Deanna S.
We are under Contract on our First Property! Inspection advice
Hello, BP community. We are under contract on our first property, a 1920 Cleveland Heights triplex. We can't say enough good things about @Aaron Westerburg of Inspection Tech. The home inspection yesterday was a gr...
Sarah Buchanan
Charge tenant to replace carpet/what qualifies as "normal wear"?
How does one determine what qualifies as "normal wear and tear" with regard to carpet? I had a tenant just move out after a 12 month lease and, while the carpets (in bedrooms) were not brand new and had a couple of s...
Chris Sukala
Possible dilemma on section 8 with duplex we are purchasing
Question for you folks,We just had our offer accepted to purchase a duplex. Our realtor just informed us that the upper tenant applied for section 8 voucher and was approved. His rental is 650 and the housing authorit...
Account Closed
Finding products that hold up to renter wear & tear.
I would be interested to hear from members who can recommend products used in updating apts. I have mid-size to large apts. and have found using different floor coverings to updating kitchens and baths provide best re...
Carol Bloom
How much is considered "normal wear and tear" for carpet?
Hello BP community!I'm Carol I need your help how do you calculate how much to charge for "normal wear and tear" on carpeting. I have a tenant moving out, they have been with me for 5 years the carpet was not new when...
Chris Ja
Estate & Tax Planning Recommendations? (we are located in NYC)
Long time and regular reader, but sporadic poster but hope to do more in coming months. I am looking for recommendations for someone to help with both estate and tax planning, and ideally someone who understands any r...
David Cramer
Excessive Pet Paint Damage, Wear and Tear or Security Deposit?
I'm a single property landlord. Tenant recently moved out and the pets left a bunch of claw marks in the paint. The paint was last done in 2017. This tenant moved in 2019 and the walls were in good condition minus nor...
Srinivas Mudireddy
Is LVP with 12 mil wear layer recommended for rental?
Hi,I am looking to replace carpet in the whole house except for bath rooms, with LVP in my 2 bed 2 bath, ~1000sqft rental in a B class neighborhood. I am looking at two optionsNuCore Lineage Grey which is 6.5mm thick ...
Andrew Syrios
We are now officially the owners of a strip mall
Yeah, we're bigshots.
OK, so it's only 3200 square feet, 6 units and the "anchor tenant" is an antiques store (which uses three of the units). But it's a strip mall nonetheless!
And the purchase price is hard to co...