Hello,I am facing some difficulty in what can be done in terms of plumbing issue I'm experiencing in a property I closed back in Jan 30 but didn't move in until last week of Feb.

I am having a bit of difficulty with the numbers.............does the 145k expense include debt service?

Obviously not much info to go on but wondering if anyone has experience rehabbing these kind of buildings and if there is any specific difficulties and expenses involved with them.

We have to install on all our permitted renovations, and have had zero issues with bathroom moisture since using them.Not sure how that'd work in a whole house situation, but something to consider if you decide to seek a technological solution.Good luck!

Hello all,Just wondering if anyone has ever noticed an increase in difficulty when it comes to finding tenants for a property with no off-street parking, no washer/dryer hookup, or the combination of both. 

If you are confident in your numbers and that the $10k back at closing will sponsor the improvements need to begin raising rents then you shouldn't have cold feet.You may have some difficulty raising the rent $100 out of the gate but then again there may be some tenants you would rather move out...If you are happy with the current tenants I'd look for a way to stagger or amount...not all at once.

There are plenty of reasons for things to not work out.Agree you should meet the applicant first, but think you could meet them and they could see the house via Facetime or other technology. 

Technology advancements such as email, phone calls, skype has enabled communication with a remote CPA to be seamless.

My long term tenant (almost 3 years) has informed me that he’s having some financial issues. Last month the rent was paid in full, but split into 2 payments...this month he shorted me $250. I’m assuming/hoping he wil...

What makes it more difficult is that most of the 2-3 units that have been sold in the area have the potential of being converted into single family homes that can sell at about 1million, or can be duplexed down or up to attract a buyer looking for more luxurious units.