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Dear BP,I am at novice investor. I would need some advices on this case.I need some advices on analyzing whether I can help a friend out of bad credit for foreclosing a home in Albuquerque, new Mexico.She has default...
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I had about 2” of water in my flooded crawl space in April. I sucked it out with a utility pump and opened all the crawl space vents. We have not had any heavy rains like we did with the spring thaw and the April sh...
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I have a tenant who says they are buying a house and must break the 1 year lease and want to move out November 1. (so it's not even 30 day notice! 12 days away?)They have just been here the 4th month. What do you ...
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Quick question:So I'm preparing my agreement letter for my squatter to sign to vacate the property in exchange for cash and I came up with two scenarios that have me worried:1- How do you protect yourself from the sq...
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We have a tenant that moved into our old house, and she has been there almost 3 years. She takes good care of the property, has a young family, and seems to like living there. She is currently on a month-to-month le...
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I recently bought a multi-family in Louisville, KY and was expecting to keep the 3 leased units as LTRs and turn the 1 empty unit turn into an MTR. Unexpectedly, one of the LTR tenants moved out and left me with a MAS...
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So I'll try to keep this as brief as possible. It’s a long story. Extra credit to anyone who finishes…We purchased a house to live in, and it was a fixer upper. During the construction phase some materials were placed...
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My tenants 1 year lease ended but I noticed 4 dents on the brand new stainless fridge (1 year old). 2 on the side due to a door banging on it repeatedly and 2 on the front. The panels cannot be changed. Can I deduct a...
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Hey gang, So I've shifted my marketing materials to probate leads over the last two months, and am now coming at it from the realtor/investor angle. That is, I can either help them sell for top dollar or quickly for ...
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Hi BP community,I am a tenant and had a question about the following statement in my lease agreement:"Regardless of assignment of responsibility, tenant agrees to be responsible for the first $250.00 of any repair or ...