Hi BP community!We have a SFH currently up for rent. We have two twenty-something, young professional, male roommates who are very interested in renting our property. If they meet all of our financial criteria, have a...
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My tenant in l sent rent payments for August and September in advance (he made the payment on July 26 and the August rent wasn't due until July 31 and September rent isn't due until August 31). Reasons he stated are n...
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Recently we purchased a 9 unit apartment building from the bank. The bank had very little documentation pertaining to the old leases for the current tenants. I didn't mind buying the property without the leases becau...
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Hello, I have a property on the Eastern shore of Maryland in a resort town. The house is a 5 bedroom, 4 full baths, large deck, hot tub, pool and a 1,200 sf heated garage with water. I have it rented out now to a fa...
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I am currently househacking my first duplex, a couple weeks ago I noticed the main sewer line was backing up slightly in the unfinished basement. I attributed it to the heaven rain fall we were getting at the time. Th...
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I recently purchased a property in Wisconsin and when I received all the paperwork I did not receive a damage checklist or condition document from the tenants. Now one of the tenants is leaving and left cigarette burn...
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Another question:I was looking at BAM Capital, they were raising money last month. In a video, I heard the GP saying that "in this fund, we are purchasing some property from a previous fund" (paraphrase). That was cu...
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Hi,My partner and I are looking to purchase a short term rental in Maine. We haven't zeroed in on a specific city/town yet but we're focusing our search on areas within 2 hours drive of Acadia National Park. We'd like...
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This is my first post. I just bought my first property and it needs a bit of paint before we can put her on the rental market. I've always applied paint the old fashioned way - with a rolller and brush. But I'm thi...
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Hello,I have been hearing on BP podcasts that tenant turnovers can equal about $6000-8000 (one host even said up to $10k, if I recall correctly) when lost rent and repair/upgrade costs are factored together. That seem...