Robert Steele
At what point is tenant not responsible for paint and carpet condition
I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...
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...
Jeromie Williams
Tenant decides to self terminate lease 17 days in. MD
I had just got an email from my new tenant that decided to vacate the premises because she had "discovered conditions within the apartment that she deemed unacceptable for her to continue with her lease." She claims t...
Brad Gibson
Need Help Evaluating a Small Apartment Complex
I'd like to get some help evaluating a small apartment complex deal. Some context first. This would be my first foray into multi-family investing, so I don't know what I don't know yet. I know that apartments are va...
AJ Wong
Multiple Offers Are Back?
Howdy all just looking for some insight from other brokers, lenders and investors in the area and beyond..I've posted regarding the state of the Oregon & southern California Coastal market, and as expected we've s...
Diana Costta
Having a hard time finding tenants for my rental my unit.
Dear BP investors,I have a duplex in Ohio and I put an 1/1 unit on the market for rent. It has been on the market for more than a month, my PM told me to consider decreasing the rent, but I see competitors in the area...
Fernando Domingo
tenant says AC not cooling house enough and upstairs hot
Hi BP community!
I purchased a house in metro Detroit, MI area that was unoccupied.
The house rented in May and now it's July and and the tenants are complaining that the AC doesn't cool the house enough. At first ...
Joseph Hennis
Best cities in the country for appreciation AND cashflow
My strategy thus far has been to find properties that cash flow $300-500 a month in areas that appreciate. While the cashflow I have earned thus far has been mediocre ($3k-5k/yr for last 5 years), the appreciation has...
James Park
Luxury SFR rentals vs. Low end SFR rentals
This thread is a spin off of "Buy 1 rental home or 3 rental homes" I was wondering if any of you in BP nation own one or multiple higher end SFRs in very nice areas? or even focus on higher end SFRs as your stategy in...
Ti Hon
2nd lienholder foreclosed and evict
would it possible for the second lienholder foreclosed and evict the homeowner eventhough the homeowner still current on the first?