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Results (9,149+)
Patsy Waldron Two small multifamily or one bigger one?
17 August 2016 | 7 replies
Granted, someone might buy a fourplex to live in and rent 3 out, but that's a specialized buyer.Plus w/ a duplex, depending on how it's set up, you might be able to get the tenant's to pay for trash, water, and take care of the lawn, snow removal, etc.There are definite benefits to larger multi family as well, like a single roof for mulitiple units, consilidation of location, maybe cashflow, etc.And one more thing real quick, if you don't already know, financing might be different if you get a 5 unit or higher.
Thomas Gagnon Need iPhone app to send multiple tenants common info
20 August 2016 | 9 replies
Specifically things like, need to move cars for snow, inspections, etc etc.
John S. Purchasing with no tenants or inherit tenants
29 August 2016 | 12 replies
They will often try to snow you regarding issues on the property, which could be parking or laundry or whatever.  
Jon Thompson Taking pay in full in advance
4 September 2016 | 7 replies
Plus, keeps my move in date mid-summer next year, so no trudging through snow, etc.
Mike D. What is the best time of year to raise rents?
19 September 2016 | 7 replies
Spring if you have a cold winter with snow etc.
Mark Wilton Looking for Tenant Lawn Maintenance Feedback
22 April 2017 | 8 replies
This winter, my tenant vacated, then my wife and I both got sick, and fortunately, landscape company was located in town, and I called to have then come by to shovel the snow after 2 large snowstorms.That's why when I rented to my new tenants last month, I explained I have a landscaping company take care of the lawn already.
Jonathan Perez To manage or not to manage? Or what if I just...?
22 April 2017 | 13 replies
Snow remove and Lawn Care (I have someone in mind for this).5.
Okey Lawrence How to Turn a 3 bedroom home into a student rental
14 July 2017 | 7 replies
I would hire a qualified PM to manage the property, it can be a pain with college students, i have had some pretty good ones in mine so far. ( note: check agreement with PM usually they charge a leasing fee to you, lets say $300 for each lease agreement, group of 3 students is one lease, 3 individual students is 3 leases or $900, make sure you have in your agreement that if they get a group it can be 300 but if its an individual maybe 125, this prevents them from getting single students and costing you a fortune.)3. definitely have them get renters insurance and make sure your PM has that on the lease agreements.4. in PA you can charge 1 1/2 months security deposit, i know my PM charges 1 month5. do not know of any in Erie, sorry6. rent should be based on the area and your PM will know better on that. my Student rentals, i include heat( sometimes you can set a limit and then have them pay the overage), sewer/ water, garbage, lawn maintenance/ snow removal and internet. they pay for Electric ( stove, dryer and hot water heater are electric.) i include the internet because it helps rent them and i can control the thermostat on all of them and front door lock on one of them.you are just finishing up your reno now, but if you invest in another student rental, use 5/8" drywall on the walls, harder for them to damage, plus gives you better fire protection.
Chris S. Transferring personal vehicle to LLC for better DTI
2 June 2017 | 16 replies
I really like 4 wheel drive (Alaska after all), but its not necessary if I bought snow tires.
Jeremy Holleb 8 unit multi family analysis question
10 November 2021 | 17 replies
Income: (current, not proforma)2021 income- $98,040 (rents are under market)Expenses:2021 taxes- $14,651Insurance- $936 per year2020 maintenance- $5,287Annual HOA dues (garbage, landscaping, snow removal included)- $9600 Property has been managed by current owner.