Amie D.
Flooring for uneven kitchen floor
Hi all, I have a mid-range rental that currently has 12x12 ceramic tiles in the kitchen, which is about 12x14 in size. The problem is the house is about 100 years old, and the floor underneath the tile has several pro...
Lokesh W.
Lease Option: Any Limit for money applied towards Mortgage/ Down Payment???
I am trying to do cooperative lease option on a property. The owner is asking for sale price that is at least $20K above the market price. I can make it up by applying 50% of the rent money towards the sale price (dow...
Nadia Hale
Tenant broke the key and now wants me to replace the lock or key
Hello, so my tenant has bent the key while trying the lock . They say it is unusable at this time . Is it my responsibility as landlord to replace this key if possible ? I don’t even know if it’s possible to do so .Al...
Sam Erickson
What's the deal with CPAs advising against LLCs?
I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me? I c...
Kyle Soudalan
How much does eviction law vary across cities/counties/states?
I see this question pop up a lot on BP: "how do I evict a tenant in [city, state]?" I've had to evict a few tenants from properties I've owned in different states, but I always rely on property managers to contact the...
Hector Serna
Offer accepted… and there’s a new dilemma
Hey guys,If any of yall have come across my previous post you’ll find that I recently had an offer accepted for a short sale in Cicero, IL. The numbers are as follows.1959 Build Single family home: 3 bed (possible 4),...
Eric Jones
How to Calculate Payoff and Arrears on Non-Performing Note
Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
Vincent Donato
Yes or No to ceiling fans in rentals?
I have a rental duplex in Lakewood, Ohio. This older home has older ceiling fans in the bedrooms.I'm planning to replace all the fans with LED light but wanted to hear peoples experiences on this.My thoughts are, ceil...
Lenny Eterno
We Have Termites but No One Wants to Treat!
I have a property in an HOA. My property is the middle unit in a 5 unit townhouse building. All five units have termites but only myself & one other owner wants to treat. I've been told by all termite vendors tha...
Elizabeth Wilson
Got lots of detailed pre-foreclosure Info - What to do with it!?!
Hey BP friends! Over the last 5 years we (@Sam Wilson and I) have developed a pretty cool and detailed system for tracking preforeclosures in Tennessee - primarily in Memphis and surrounding counties (but could easil...