Joseph Belgrad
Liability if VRBO tenant injured on my property
My partner rents out her family's vacation home on VRBO. She got a message a few days ago that said:"Also, not sure the last time you saw the property but the back deck has exposed nails on the boards - my husband ste...
Nate Paoinchantara
What to do whenTenant breaking contract and left in Houston-Texas
All-One of my tenants in Houston broke the contract and left with some damages on the property. We tried to contact them a few time with no success. Now we did some repairs and get the new tenant in the prop...
Nikhil Raverkar
Negotiating purchase price after inspection
Hello BP community!I'm in a process of buying my first rental property. I got the inspection report and I found following bigger issues/ concerns1. The furnace is getting old - but the buyer is buying a home warrently...
Jodi-Ann Bennett
Small Claims Court- New Jersey Essex Rental (Buy and Hold)
Hello All,So I have a tenant that recently moved out on July 16th. The lease wasn't up until October. I had to pay him $200 to move out because he only paid $250 in May and that was the last payment. So he owes for Ma...
Faisal Farnas
Seller Did a Bad Job Fixing a Leaky Roof
Hello Fellow BP'ers,I am looking for some advice on a situation I am having with a single family house I recently purchased.Here is the sequence of events:1- Got an inspection on the house. The inspection report menti...
Timothy Burns
Rookie Landlord-1st time tenant Turnover how to handle
Hello all, I am coming to the end of the lease with my first tenant in a duplex that I'm living in, and plan on not renewing the current tenant's lease for various reasons. What is the best way to give notice and what...
Andy S.
Repair Deductible Charged By Landlord
For my rental in New Jersey, I have set a deductible of $60 whenever I make a visit to do any kind of repairs for the tenant. For example any water leak, of the contractor charges me $250, out of that $60 tenant pays....
Account Closed
Wholesale Central Florida
Hello all!After marketing for sellers I have quite a few highly motivated sellers lined up in the Volusia and Orange county part of Central Florida. After speaking with my Attorney I am saddened by what she told me a...
Jewel B.
Reasons Properties Stay "on the Market"
Good evening fellow investors and community members,I am wondering what are some of the obvious and not so obvious reasons that properties sit on the market for extended periods of time.For example, sometimes when loo...
Mark Fries
Think about self insuring my properties
I pay about 40k a year in premiums for my properties. I am well versed in the practicalities of having coverage but as my portfolio grows it's becoming a hassle to monitor and deal with it. Thinking about taking that ...