Benjamin Mcintosh
Issues analyzing first deal
I’m analyzing a duplex in south St. Louis as a potential first deal. The seller wants to sell as-is. Current rents are below market and in place until July. A prior buyer put the place under contract. That buyer backe...
Paul Sandhu
Do you ever get hateful communications about your STRs?
I've got an ad up on Craigslist. A 3 bedroom house for $600 a week. The ad also mentions 2 bedrooms for $400 and 4 bedrooms for $800. This message came from another Craigslist user today:So it's ppl like you that h...
Jay P.
Tenant Trying to Sue with bogus mold claims
Hello All, I had a tenant with notice to pay or quit. Once he did that he texted us several times about he was going to sue us with mold issues. Background Info: 1. We have an indoor pool (attached to the house but in...
Ashley N Tauriac
How to sell with exorbitant home insurance prices
Hello, I inherited a home in a small town in Louisiana. Since I live out of state and there are no nearby managing companies, I decided to sell the home. I have had 6 people sign paperwork to buy the home over the las...
Eric Meyer
Lead Contaminated Soil - What would you do?
So a little background: My area has been a heavy industrial area for well over a 100 years. With facilities such as oil refineries, steel mills, smelters, chemical plants, and power plants. So it can be said that most...
Matthew Louks
Contract for Deed on flip
I've found a deal I like. FSBO property for 49k. 10k down gets me keys. 15k reno. 110k arv. I love the cash on cash return on this deal. The only problem I have is that the owner wants to sell on contract for deed thr...
Mark Bookhagen
Terminating Month to Month
Hi BP,I'm looking for some advice. I think I should terminate a m2m lease for one of my units because I keep getting (valid/serious) complaints about them. It has caused one tenant (good) tenant to move out. My questi...
Carson Gunther
Improved AirBnB Income Calculation Spreadsheet
Hey Everyone,
Inspired by this post (found at the bottom) and my clients who are in need of a solid way to analyse Airbnbs, I completely reworked a property analysis template and wanted to include it here for everyon...
Michelle Kocurek
Late fees
We have a commercial building with renters that are in their last month. We have not received the rent yet (surprise!) and was wondering if we can deduct late fees from the security deposit. Property is in Texas. Here...
Peter Morgan
Insurance premium increased substantialy
Hello,My insurance company first threatened to cancel my home insurance if I don't install auto shut off valve within few weeks. Now after installing the auto-shut off valve they still have substantially increased my...