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Hi everyone. I have a situation that’s never come up in my rentals. I have a tenant, no issues for the past lease term. When we signed the lease I took a double deposit +$800 due to poor credit and some other red flag...
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I am interested in hearing other landlords thoughts on this. I don't see it often, but just had it happen to me and got me thinking maybe I am putting myself in a bad situation.
Three roommates move in and sign the ...
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Hi BP'ersI have a contract on a 12-unit apartment. Both buildings show evidence of dead termites. One of the buildings shows evidence of treatment for termites. The other shows evidence of damage to a partition wall i...
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Went through tenant screening process, tenant filled out application and I approved. She sent the security deposit in to lock down the place. It took a few days to get the lease together because there was a little bac...
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My renters caused damages where fixing is about 10x the security deposit. How can I fund the fixes: Do I bill their insurance? Do I sue them and they bill their insurance? I've never had to deal with this situation so...
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I co-own a house with my sister. We had a tenant who just moved out. We knew the house would be messy but were not prepared for the extent of the damage. Apart from many holes in the walls, the tenant had put screw...
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Previously had a property manager running one of our properties in Puyallup, WA. Under the previous property manager the old tenant broke the lease without providing proper notice to vacate, damaged the property, and ...
Hey BP,I'm looking for funds to finish my rehab project and someone told me about Sprout Financial unsecured line credit? Are they legit? Has anyone used them? I'm skeptical because of there up front consulting fee of...
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I posted this WSJ article in the bulletins but thought I would share in the forum section as well.
http://online.wsj.com/article/SB10001424052748703471904576003832552956602.html?mod=igoogle_wsj_gadgv1&
I just re...
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Here's the scenario. After agreeing on sale price and having their inspection, the buyers and I agreed in a repair amendment that I would make certain repairs to my property which ended up costing me approx $4,500....