Brian Rosher
What insurance to close on a BRRRR with conventional lender?
Getting ready to close on my first BRRRR and I am working on getting insurance quotes. My mortgage broker had a requirement for rental reimbursement rider. I had planned to have vacant property insurance since I wil...
Patrick L.
Bought my first Tax Deed property today
Inventory has been pretty scarce the last few months for the type of properties I usually buy as rentals so I figured I'd take a shot at the tax deed auction. There were 3 I was going for and I was able to land one o...
David F.
Renter's insurance Inquiry
I have a tenant who didn't have access to 1 room because of repairs that needed to occur. As a result they have requested rent to be pro-rated for that month. They are required to have a renter's insurance policy in...
Rachel H.
Reimburse Tenant for Furniture Anchors?
I have a tenant in Portland, OR in a house that needs the carpet restretched. During restretching, we may need to move some of the tenant’s furniture, though we will work around it if we can. This tenant has a 9-month...
Kevin James
Liable for tenant’s high hotspot cost due to internet setup delay?
My tenant wants a refund of $175 for a lapse of 4 days without internet for the cost she incurred by using her mobile hotspot. The wifi was scheduled to be set up on the day of her move in but because of a strike at A...
Greg Hoffmann
Require Tenants Make a Relocation Expenses Claim?
Hi FolksI have a duplex in CA and the lease requires the tenants carry a renter's policy. Recently there were some maintenance issues that required they vacate the premises and stay in a hotel. I've agreed in principl...
Wendy Lacey
Trouble with tenant seeking reimbursement for cancelling lease
I have acquired a property with a tenant who was on a month-to-month lease. They have advised me yesterday that they are moving out in 3 days. They are seeking reimbursement in rent however they did not give me 15 day...
LaToya Morris
Lender Demands Payoff 3 Weeks After Closing
Hello everyone,A client closed on a cash-out refi on 12/26/23 and we received the final settlement statement that morning. The lender's payoff amount was good through 12/31/23. He used a hard money loan for partial pu...
Cee X.
should I reimburse for airbnb stay?
Sunday of last week my tenant found a mold issue growing on the corner of a laundry room wall. We got a contractor out next day to give a quote. Contractor started the job on the Thursday. To give additional context, ...
Tam Lipani
Struck Off Deal in Texas - repairs vs. improvements
I am evaluating a struck off property (SFR) that has been gutted in Texas (TX has 2 yr redemption period). I know the chances are small (of redemption,) but just wondering after I rehab the property, if the previous ...