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Updated about 6 years ago on . Most recent reply

User Stats

19
Posts
4
Votes
Aaron Thompson
  • Specialist
  • Hampton, VA
4
Votes |
19
Posts

Brrrr Strategy (Renters)

Aaron Thompson
  • Specialist
  • Hampton, VA
Posted

Hello BP Family. I am looking to do the BRRRR strategy and I have a question about the renters that I will put in the home after it's remodeled. I understand that I will be the owner of the property and I will be responsible for repairs. Let's say that there are damages to the property that are caused by my hockey pants and not by wear in tear. Ex. Kids playing around and putting a hole in the wall or something of that nature. Do I have to continuously come out of pocket to fix these problems or are the renter is responsible for where in tear that they cause?

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