Nick R.
My Downstairs Tenant Thinks my Upstairs Tenant is doing Drugs
This is my first post on BP! I'm a fairly new property owner and have found myself in an interesting position. My business partner and I have a total of 6 units and I received a call tonight from one of my tenants who...
Brad Larsen
No Security Deposit Option
As a SFH Property Management company, we have adopted a No Security Deposit option called our Preferred Tenant Program. We subscribe to a service called Obligo. In this method, we use Obligo and their Billing Authori...
Tanner Gish
Looking for Cincinnati Proper Property Mangers Specializing in Subsidized Housing
Hello Everyone, Call me crazy, as every podcaster in the multi-family space always seems to bemoan working with sub B-Class tenants, but I'm committed to exploring the Cincinnati Housing Authority Voucher program to ...
Aladdin M.
Accidental New Roof - Opinions?
I woke to what initially was a funny call; I was told from the crew rehabbing a house in Indianapolis, IN that a new roof was accidentally installed on my house by another crew working for another rehabber.They said t...
Lois S.
Escrow instructions to pay off secured promissory note?
We hold a promissory note that has come due, and have received a payoff demand letter from an escrow co. that is not local.Escrow is asking for:the Note, the Trust Deed, Order to Reconvey signed by usPolicy of Title I...
Wes Brumit
section 8 tenant
Have a lead on home that currently has a section 8 tenant. The tenant has been there 7 years, owner says not likely to leave. Rent is $600, he wants $32,000. If I should rehab ARV = $78,000, rehab=$17,500. Would you...
Harry Wilson
What a property needs
So I have a friend that rents out to tennants, I believe that the property isn't up to standards and he could probably get in trouble if he was inspected. So what does a property need to be legally rentable? And does ...
Tyler Wehrung
BRRRR and Seasoning Period
Hello BP!I have an accepted offer on my first property that I am purchasing with all cash. My strategy was to purchase with cash, rehab, rent, refinance. I just recently learned about the "seasoning" period which fr...
Harry Tran
Quit Claim and Lifetime Gift tax
If anyone can provide some info it would be kindly appreciated. My Uncle wants to quit claim one of his properties to me. The property has been paid off and he is basically gifting it to me. Would he be able to claim ...
Kristen T.
Utilities
I need some help in figuring out my next step. I've had new tenants in my townhouse rental since October 1, 2014. They pay their rent on time, I've done 1 walk through so far and everything looked great, but I'm hav...