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I work full time and to date have been okay self managing about 13 different units. However I do plan to expand and I am trying to prepare in advance rather than wait for something to happen. With that said I know th...
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I've got 4 units that I rent out furnished and all bills paid.My target market is guys coming into town for work and want to save compared to a hotel, Most of my contracts are month to month, I'm getting nearly double...
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HI all,I have a tenant (Texas) with an upcoming lease expiring and wondered if I can raise the late fee while going month to month? Does this require a new written lease or just a written notice regarding a late fee i...
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HI BP,I am currently looking at buying a single family rental property that is currently rented. I personally know the person that owns the property and am close friends with him. He has informed me that the tenant ha...
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Every year, I post a macro analysis/predication for the upcoming year for multifamily real estate. If curious, here are the last two:
Jan 2023: Multifamily Real Estate is At Risk of Crashing
Feb 2024: Multifamily i...
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I recently leased out a house to a very nice older couple. The lease start date was about 8 days away. The tenants old lease ends in 38 days. They were just being very proactive in finding a new home and allowing...
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I just took over management for a commercial building that's split into 4 units. One of them is a franchise name and is the largest unit. Two of the units currently have a cheap salon and the other is a cheap mom &...
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I told them when they moved in the hot tub and AC were luxury items that came with the house, but if they break I would not be repairing or replacing them. I can't recoup the cost of a 15K hot tub replacement by raisi...
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Hello Everyone,
I'm new to this forum and new to investing. a little bit about me, i'm 38 years old male married no kids, I currently live in NC specifically in Raleigh area, and i am looking at diving into NC housi...
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Bought my first house in October with cash. Inherited AWESOME tenants: seniors with a 9 year track record who will likely rent until they die, take great care of the home, pay their rent on time, etc. Planned to rehab...