Jimmy H.
Investing in War Zones
You hear alot about avoiding "war zones". Investing in low income is not some peoples cup of tea, but some people do focus their strategy in such areas. My issue is that even these low income investors, along with eve...
Brandon Turner
What's Your Tenant Horror Story?
Years ago, I had a tenant who's toilet got plugged - but they continued to use it until it overflowed on a weekend and I was the only maintenance guy we had. It was the last toilet I ever worked on... and probably th...
Mindy Jensen
Refusing to Work With A Specific Agent? Violation or Preservation
My neighbor just sold her house. (Timing was awful and I was out of town the entire time it was on the market, forcing her to go with another agent to list.)The agent representing the eventual buyers was an absolute n...
Samuel J Claeson
How long of a time frame does a landlord have to remove ice/snow?
Hello BP members,I was not able to immediately salt the driveway this morning, and I received a quite threatening text from my tenant about the "icy" driveway ("...my brother in law is a lawyer!...."). I personally ...
Leslie A.
Women landlords: do men try to push you around?
Most of my applicants and renters have been great, but I've had a couple of guys that have tried to get me to bend my rules, and just generally been unpleasant. I suspect they wouldn't act the same way if I was a man...
Kay Aula
Section 8 Rent Payment went to old landlord -any hope?
I recently purchased a home with a Section 8 contract in place. The purchase contract noted that the Section 8 contract transfers to new owner upon title transfer. Title transferred on the 22nd of the month but the ...
Patrick Senas
HELP!! Market Rent Appraisal LOW, contingency already removed
I need advice!! On Aug 3, I removed all contingencies because my loan officer said that everything checked out on the appraisal he received from the VA. He wasn't allowed to show the appraisal until the VA "cleared" i...
Rob C.
Is it really that important to hire contractors that are insured?
From what I've read in the forums it seems that conventional wisdom here is it's best to hire only contractors & handymen that are insured. I adopted this perspective when I started as a landlord as I tend to trus...
Account Closed
I disagree with my accountant on interpretation of the de minimis
I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...
Cameron DePaola
Housing Authority not paying their portion of rent on time.
I recently purchased a building with pre-existing tenants on section 8 living in one of the units. They did not have a lease so they signed a new one when I purchased the building. They had recently moved into this un...