Greg Balue
Comparing General Contractor Bids
I am soliciting proposals from general contractors for extensive rehab work on a rental property. What should I expect these proposals to look like?I asked GCs to provide cost broken down by individual project (e.g., ...
Account Closed
DEAR NOAH: Am I overreacting or is it time for a new Property Manager?
"Dear Noah, I need help deciding what to do about the property manager of my out-of-state property. It's a duplex in TN. I've owned it for 5 years and have never seen it. It wasn't in awesome shape when I bought it, b...
Amy Lemaistre
Contractor failing to complete work and making costly mistakes
The contractor I hired to paint interior of home has left it incomplete. He also removed a whole house alarm system without telling me. He explained he had to in order to paint the home properly. He does not plan to r...
Paul Sandhu
Anyone collect restitution awarded by a judge?
If so, how long did it take you to start receiving it?
2 years ago I caught a guy that had broken in to one of my STRs. He was actually asleep on a bed when I went in to check on what was supposed to be an unoccupied...
Allende Hernandez
Rehab company dilemma...Is it me...or them?
Hi folks,I am super excited of finally being brave enough and pull the trigger on my first rehab deal. It is in Orlando FL and I am in Miami (about 4 hrs away). Closing of the purchase could happen as soon as this we...
Kevin Nolan
Tenant Moved Washer and Dryer without my consent
Oh boy oh boy - So backstory, I just purchased this 2 unit rental property back in October 2020 and it came with washer/dryer that on the contract stated belonged to one of the tenants(who is section 8 and has been EX...
Nyi Nyi Thein
Tenant Unattended Passed Away
Hi, Tenant from my rental property passed away unattended for more than two weeks when the body is found. It is natural cause of death. It is sad to see that happen meanwhile there are things that need to be taken ca...
Heather W.
Hardwood Flooring Damage Due to Improper Care
My tenants moved out and there is significant damage throughout due to improper care. My tenant rules and regulations document is clear about how to care for things like appliances and flooring. They signed it when th...
Bienes Raices
Problems at final walkthrough?
I just put in an offer on a house that should be a good deal, but it's in a so-so neighborhood. One of the front windows has already been broken either by a kid's ball or someone trying to break in.
With an REO, if I...
Mike Kruser
When do you really update?
The house I'm looking at has outdated floors,kitchen,siding,etc. But I want to rent it out for a couple years and sell it somewhere down the line. So the question is, would it make sense to update the house and then r...