Where do you draw the line on excessive/obsessive due diligence?My family owns an apartment building that has a great rent roll history and has been a great property for years. Another investor approached us and was ...
We've been fixing houses for a long time now in multiple cities and for lots of different exit strategies. Even though we have had thousands of inspections done on properties, we've never before had to face this issu...
We have accepted an offer on a 4 family house and in our Offer to Purchase Contingency Addendum we had the inspection contingency set the limit of defects at $1,000. The seller responded that we should increase this t...
Thanks for any thoughts on these three issues. Sorry this is so long.We recently purchased a 2 apartment/1 commercial multi-use property that we discovered needs a lot of work. With the property we inherited 1 tenant ...
Hi,I am struggling with a deal I am interested in. It is a 75m² 3 room apartment in the city center. The location is ideal, newly built objects go for EUR 4.000+ per m². This only costs 1.200,00. The downside is that ...
I have always requested to do a quick walk though of my tenants apartments once or twice a year and it has never been an issue for any tenant. Now I have a newer tenant who has been renting for two months and he won't...
If I'm getting calls from only 1 tenants about drug activity, or people living in a unit not on a lease, what is the best way to proceed? Do I out right go and ask fellow neighbors in the same apartment building if th...
Curious to see if homeowners/property managers perform regular (quarterly, semi-annually, etc.) property inspections. We used to in the past but decided it may be a little invasive to tenants so have refrained. Howe...
I'm updating the rental agreements for tenants in my apartment buildings. They are all on month to month tenancies but I'd like to update their rental agreement to include the most recent laws, update contact informat...
Like so many others, I have been looking for small multi-families over the last year. I have browsed through hundreds of properties and run the numbers on dozens. They were either too expensive or located in a challen...