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...
Carter Wolski
Gatlinburg/Wears Valley - Canadian looking to qualify for construction loan
Hello! I am a Canadian investor who is looking to build a cabin in the Gatlinburg/Sevierville/Wears Valley area. I am having a lot of trouble finding financing for this as I am a Canadian with no US credit history. My...
Gisela Pallares
How do you determine what normal wear and tear is???
Hi all,I currently own a duplex. Live in one side and rent the other. Have had my current tennants for 2 years now and they have always been good with rent. Through these couple of years, there has been repairs that w...
Ron DeMaria
Rental wear and tear due to ESA (Emotional Support Animals)
Fellow Landlords,I noticing more and more dogs/cats are ESA's. I welcome pets in my rental but like to be compensated for the wear and tear.How do you handle this situation? I know if we have multiple applicants we ar...