Arron Achey
How to list utilities in lease during transition
Hello all,Quick preface to question, I have a current tenant who wants to renew and I would like to renew her as well. I have a current duplex running on one electrical panel and looking to have it split as previous t...
Matt Schelberg
a-la-carte property management services
My rental portfolio has grown to the point where self-managing has become a major time commitment. I am considering hiring a full-time employee to assist with managing so I have more time to raise capital and evaluate...
Account Closed
May Rent Coming Due - What Are You Gonna Do?
With May coming due and the pandemic another month in and no end in sight, I wonder what other landlords are going to do this month? No pay no stay? Tally it up and evict later? Raise rents to cover losses? Grace? Bla...
Jason Coleman
Insurance Claim for Fire Damage
Hey BP,So I had my first fire in one of my rentals. This was an electrical fire and NOT the tenants fault. I filed a claim and my insurance company is estimating the damage currently. This is a 4 unit property and luc...
Kenneth LaVoie
heating / h.w. heating questions
Hi
I am obsessed with finding the answer to the question "what is the best and cheapest way to heat..." - I live in Maine, which lends completely different answers to heating questions than just about anywhere else in...
Will H
Fannie Mae owed property going to auction
I'm looking at a Fannie Mae owned property. The property was forclosed on and taken by Fannie Mae in May 2010 (county records show the sale to FNMA was for $286k).
Homepath lists the property currently at $161k.
...
Rebekah Keller
Slumlords vs. Overrehabbing
I have viewed many tenant occupied properties with horror, wondering how the landlord could get away with it. Stairs to basement broken, hot water tank not working for months, broken windows, one burner on the stove w...
Ursula B.
Finally! First Property of the Year!
Greetings BP,
Thanks to the wealth of information you all have shared, I decided to pick back up on my real estate investment goals. I set an aggressive goal to acquire three properties this year and I just ...
William C.
More Accurate Pre-Purchase Calculations (Focus on Repairs/Maint)
As I "run the numbers" to estimate the cashflow potential of a property, a sticking point for me has always been accurately representing the Vacancy Rate and the Repairs/Maintenance costs. The Vacancy Rate is somethin...
Michelle Bright
Can these hardwood floors be saved?
Looking to rehad a property with pretty bad hardwood floors. The home was built in 1900 and the owner has taken up some of the carpet in the living room. Pieces of the padding are stuck to the hardwood and it looks li...