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Is there a rule of thumb as a landlord about checking up or inspecting the rental? I visually check the outside once a week only because I pass it on my way through town. Any advice would be greatly appreciated.
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About a year ago I installed new laminate wood floor in the living room of one of my rental units. 2 days ago I got a call from my long term tenant stating that the AC unit (in wall) was leaking and had destroyed the ...
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Hello everyone. I just got started in real estate investing about 3 years ago. I currently have two condos, one SFR rental and my primary home which is an SFR. Both SFRs have home insurance. I'm not sure yet if I shou...
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Hello MultiFamily Experts, I am touring an apartment building for the first time this weekend. I’m quite used walking residential multi families (2-4 units) , but I know commercial is a different beast. I wan...
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I currently own a paid off duplex with a 2/1 per unit but needs work (flooring, cabinets, appliances, paint, A/C, and unfinished bathroom) before putting it for rent. What loan would you use to fix it or what would be...
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Hello,
I was wondering if some experienced investors out there could provide some quick tips/advice on estimating CapEx when analyzing potential deals. Obviously this is impossible to perfectly predict and I know it ...
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Hello, I am looking for some opinions on the contrasting options for new flooring install in my rental. The Kitchen, Living room and utility are needing to be refloored. The property is in a B class neighborhood but i...
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I have a guy who basically wants to give me a franchise salon. Of course it makes no money. The gross revenues are about $150,000/yr, the net hovers around $0 plus or minus. Does anybody have experience owning s...
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BP Community - I'm in contract on a SFR in Jacksonville, FL. I'm a little stuck and need advice on best course of action. Situation: The water and power are shut off at the property (it's an REO held by a private lend...
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Hello! A tenant texted me and said the electrical outlets in her walls were making a "clicking noise." She included a screen-shot from her phone that said clicking sounds from an outlet could be faulty wiring and were...