I recently purchased my first income property. The property is a duplex and the bottom unit came with inherited tenants. The lease doesn't specify whether the washer/dryer is the tenant or landords responsibility. Th...
Hey Folks,Wondering when Cash on Cash Return and IRR should be evaluated on a BRRR deal? Would you do it at the point of initiation - when you first purchase property- or the money you have in( if you do have money in...
Hi BP, we charge a $50 non-refundable pet deposit and a $25/mo fee per pet. In my mind, this is a nominal amount to help in the event that we have to cover extensive damage that the normal deposit would not cover.I ju...
Hello,My first and only rental property I purchased in 2007. It is a 2b/1b 2 Unit Duplex and was purchased for 240k and now worth 130k (for obvious reasons). Due to the recession I had to lower rents to stay competiti...
- Name a time, you went ABOVE and BEYOND for your tenant!? - My story: This Christmas, we celebrated with one of our tenants, we bought the kids gifts and we have since formed an even better relationship. It wasn’t ne...
Im looking at a multi unit and its all now converted to electric heating
My concern is acquiring tenants and keeping them . I know that electric is more than gas but how much more that it would deter rentals ?
It's really important when you become an investor to know your rights as an owner as well as the rights of the tenants. In Chicago, the law favors a lot more for the tenant's rights than the owner's rights. Because of...
I am looking at a self storage in Houston Texas. I am from Portland, OR. I have a few questions for those familiar with Houston and commercial space. What is the average market cap in Houston for investment propert...
Would it be smart to propose a investment contract for private money to my boss?
HiI have listed my first rental on Zillow and Cozy. My views on Zillow has dropped from 200 per day to about 35 in about a week. I have shared the link here: Listing on Zillowis there a anything I need to do to attrac...