Jose N.
High maintenance costs.
What are the options to help mitigate maintenance costs. These vintage Detroit homes are lovely but they sure are higher maintenance due to their age. Service warranties? A recommend contractor? Any experienced advice...
Joe Schaak
Electric Baseboards of Forced Air
Advice needed : I have an older duplex in Minnesota that has had all the radiators removed. The old boilers are shot as well. I’m putting in a heating system from scratch.Electric heat is the least expensive to instal...
Jim Hamrick
Reasonable Number of Maintenance days on Vacation Rental?
The IRS discusses vacation home maintenance days. They use examples where a family performs maintenance on a home for a week and the week is not considered personal use (it is additional to the 14 days of personal us...
Christopher Freeman
Applicant's Co-Signer Is Questioning Lease Provision
Howdy all,We use a modified version of the generic lease that comes with @Brandon Turner's [really awesome] Book on Managing Rental Properties. We had to make some changes to conform to New Hampshire state law, but ot...
Kasia I.
Please Help!! First Home inspection
Hello BP Members. I'm in need of serious advice. I have my first property under contract and just received home inspection report. I thought there were a lot of issues and was ready to walk out, but need your all sinc...
Greg S.
Concerns about rehabbing a flood damaged house?
Hello everyone. I am a beginning real estate investor from NJ and am currently mailing to probates and out of state owners. The area I live in was pretty heavily hit by Hurricane Sandy. I'm about 5 miles from Seasi...
Daniel Overby
The Issue of Smoking Tenants
Smoking inside of a home is one of the more expensive types of damage to remedy. Sometimes it can take ripping out all flooring, trim, and fixtures, and adding layers of paint everywhere to block out the odor. Most le...
Elizabeth Blazina
mold making tenant sick?
Hi BP members, I have a tenant that has called me to report what he believes to be a mold issue that is causing him to be sick. Now I have checked the plumbing and found no issues and I normally am pretty dil...
Jonathan Reizovic
Contracts and contingencies??
Hi,
I am a newbie here. I am reading in a lot of these post to include contingencies in ur contracts so if the deal doesnt go through you are not liable. I would like some info on these contracts and contingencies bec...
Ben Walhood
Converting small multi-family to central A/C
In my area I find a lot of 6-flats/6-plexes that do not have central air, despite the fact that it is a feature which is highly attractive for prospective tenants.
When I try to search the web, including BP, it seems ...