Zocky Zhang
tenant keep water flow, end up with large water bill to landlord
I have a rental property in Philadelphia and the tenant was late with rental for 2 months, we decided to evict the tenant have a court date at beginning of next month.now we received a large water bill for last month,...
Anthony Marin
How are you treating your tenants right now?
Being a rental property owner comes with its challenges. Filing an eviction on a tenant that is behind on their rent is the only way to be successful as a landlord/manager, BUT....this time it’s different. This is a o...
Ray Jhala
Vacant Property without HVAC - How to keep pipes from freezing
Hey BP!
I've got a property that I am rehabbing and our timeline unfortunately got pushed back into the upcoming winter months. The property is currently vacant and does not have an HVAC system installed. We have a ...
Justin C Huggins
Rehab - Single Family to Duplex
Anyone have any experience turning a larger SFR into a Duplex? Basically what would you look for in a SFR to give you this option besides size of course. What to look for to minimize rehab costs? Also, if anyone ha...
Eric Bunratty
Creative ways to increase cashflow!
Hey BP! I am just getting started in both the real estate and BP worlds -- I love the fact that, as owners, we have the ability to pull on different cost-levers to increase the performance of our properties! I have a ...
Nick Littleton
Hold strong or Drop Price? Marketing strategy questions
I know it's December/January which is not an ideal time to neither sell or rent. Private landlords in the neighborhood that we invested in are renting their SFH at $2950, but they listed them in August/September. We...
Thaddeus Ramirez
Electric bill is too high
What to do?
Have a tenant after 3 months of perfect rental payments requested that we negotiate a break of the lease because her electric bill came to high. I sent her a application for heat assistance in my area but...
Christopher Reynolds
Adding Temporary Guest to Lease? (Massachusetts)
Hello everyone. We have tenants who moved from another part of the country to live in our 3 family building. They mentioned having a daughter that was moving up here too, and would be staying for a few weeks when sh...
Dustin Espinoza
How to properly analyze a multifamily property 5+ units
Hi BP,
I am currently attempting to analyze a 10 unit multifamily property and I would like to request for the information necessary the first time around. So far this is what I have:
1. Property price = $625,000
2...
Liz F
I need tenant to move out.
My tenant Lulu called me couple months ago to tell me she was moving out. Lulu has been there for one year so the lease term was no problem. I sent her a move out checklist. The end of the month came and Lulu showe...