Nathan Gesner
Biggest reason for losing money?
I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...
Julia Preciado
Forgot to do move out inspection, tenant now wants free rent.
My tenant is set to move out next Friday. I made the mistake of assuming that a move out inspection was not required in CA unless a tenant requests it. The tenant is now asking for me to perform a move out inspection ...
Joe G Rampy
Newbie in Montana
Trying to learn as much as possible. Refining plans before implementing them.Most important question: How does one use the "@username" tag to respond / address someone in the forums?Thanks
Harman N.
25 year old furnaces, water heaters: replace upfront or let fail?
Hi all,I bought a 4-plex a couple of weeks ago. Three of the four furnaces are 25+ years old, and three of the four water heaters are super old as well (18, 24, and 25 years). It's in a rough but rapidly gentrifying n...
Orlando Paz
Any difficulties investing within mobile home parks?
Just recently spoke to a local investor who has been investing in mobile homes for many years. He also runs a home inspection service which includes mobile home inspections as well. We never actually met in person, bu...
Breelon Bryant
Evictions across America: Landlording
Evictions suck for the landlord and for the tenant nobody wants to see anybody get evicted and sure as hell landlords do not want to evict however it is necessary so that poses a question. 1. Because Home owners are ...
Chelsea Owusu
Property Investor in the Boston Area
I am a new rental property investor looking to make connections in the state of Massachusetts. Don’t hesitate to reach out!
Will F.
How much do you pay Handymen, workers, day laborers etc?
Hi everyone we have several rentals in the Los Angeles area. For tenant turnover we often have to do basic cleaning, flooring, paint, caulk etc.
For this we go with the cheapest labor possible. I found a "handyman" ...
Lena S.
4 Unit Appt- How do you handle your tenants maintenance requests?
How many times a month do you have to fix something in 4 Unit apartment building? Do you come on every tenant request to fix a problem or you set up certain times of the week or month or day to come and solve it?We li...
Dan Cerempei
Renting or selling my 1st house
I'm in process of buying my 2nd property as my maine residence. Thinking to rent my 1st property. Just numbers don't really add up. So:
1) 1200$ mortgage payment
2 ) extra 100$ a month cause we are loosing homeste...