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Results (10,000+)
Jerell Edmonds Inherited tenants on duplex
26 February 2024 | 1 reply
They’re on a m2m agreement, previous owner didn’t have an issue with them or any late or missed payments ?
Chris Schoonhoven Insight in the Columbus market
26 February 2024 | 30 replies
Tristam Griffith The bed bug issue in the hilltop is CRAZY!
Mila F. Should I charge tenant for scrapes and chips on new driveway?
26 February 2024 | 4 replies
This is just a cosmetic issue, but it is now permanent.
Bryan N. Collection of money without a formal eviction
26 February 2024 | 10 replies
Here, the court issues a Summons to the defendant to appear at the payment hearing.
Doug Davis Analyzing medium term rental deal
26 February 2024 | 9 replies
I thought about renting as three separate rooms, although I've heard that this may lead to more issues, so may not do that.10% Property manager (although, could self manage from out of state)Electric, internet, water, garbage (with water bill)vacant maybe 3 days a month due to how people schedulea few fixes necessaryfurniture/dishes etc.lawninsurancetaxescleaning costsloan/loan closing costsno HOA for this one
Peyton LaBarbera Question about cap rates
26 February 2024 | 15 replies
I saw a listing for a 15-unit apartment building that is for sale and the property has a 5.3 cap rate, this isn't the issue.The issue is in the listing description the agent said the building could have rent growth potential based on the rising rent prices in the area which she said would bring the property to a 6.6 capNow my question is why would I buy a property for 2.5 million when with this new expected cap rate the property would tank to just under 2 millionNOI is roughly 132,000 and most units are in pretty good shapeAnother note is the average cap rate in the area the property is located in is a 6.4 cap
Jordan Gerkin Can I Get 3 Separate Mortgages for 3 (technically separate) Four Unit Buildings
26 February 2024 | 14 replies
Hi Jordan,There may be issues with the 2 on the same parcel, especially due to appraisal issues.
Matt Harris Eviction
26 February 2024 | 7 replies
failure to pay is like an automatic win in court and I have had multiple issues with these people I had poor tenant selection for this one.
Tom Sharon How to determine if tenant abandoned the unit.
27 February 2024 | 13 replies
A couple issues leave possession uncertain:1.
James Carlson Mountain homes uninsurable b/c of wildfire risk?
26 February 2024 | 11 replies
Nine out of 10 carriers they called would not cover them, and they rightly thought, we should listen when the people whose job is to assess risk think this area is too risky.Seems like this is going to be an issue going forward, and I see wildfire risk affecting buyers' opinions in a few ways.