Kevin Oberlin
Security deposit and light damage to wall
What would you charge to the security deposit for this damage to the wall?
Greg Raymer
How to Deal with Tenants Who Cause Property Damage?
Dealing with tenants who cause property damage can be a difficult and stressful situation for landlords. Here are some steps that landlords can take to address and resolve the issue:
Document the damage: Take photos ...
Matthew Sprott
First month and already late rent | New house - old tenant
Hello BP community! It's my first post, but it won't be my last.I just bought my first duplex property and against all advice decided to keep the old tenants... It is now 4 days after the first rent payment was due, w...
Ramon Moreno
Close in 7 days tenant won't pay rent.
Hello BP family, can any one tell me what to do? I'm selling my building and I'm set to close in 7 days, my tenant just told me that she's not going to pay rent this month (month to month lease)and to use her securit...
Arov Smith
Itemized deduction and pet fee
Are we required to provide usage split for 'non-refundable' pet cleaning fee as part of move out deduction. The tenant had given $500 refundable cleaning fee and $200 non-refundable pet cleaning fee. After move out, ...
Shawn M.
Final Walk-Through
Yesterday was my tenants last day in the unit. We are meeting today to do a walk-through of the unit to confirm their is no damage and it has been cleaned. Is there a form you use to conduct the walk-through. Any t...
Chris Sanchez
Increase rent by $100 or charge $100 for internet?
Hello BP. Need some direction, please. I'm getting ready to enter into a lease for a detached ADU and I'm wondering if I should increase the rent by $100 OR leave the rent as is and charge $100 per month separately fo...
Chad Jarrah
What should I expect from a Private Lending Offer?
Hello! I've been flipping for ~10 years now (just very slowly - 1-2 per year) and have done well on each one. I've taken the profits and invested them in 4 rentals (and a personal res) over the course of that time. Th...
Scott W.
Hard money loans question
I know someone who will do HML quite a bit the past 5 years & then goes to a refi after 6 months - think of it as a short-term loan. He's very careful these will appraise out before he pulls the trigger. He has a ...
Deborah Wodell
Is 100% Financing a Trend Worth Pursuing?
I've noticed an increasing trend among investors looking for 100% financing or securing 90% financing and then seeking gap funding for down payments and closing costs. This approach can work for those with strong deal...