When looking at rental properties, Im coming across rents for 2 bd apartments that are roughly 550-700, but the market indicates a 2 bedroom should be around 900-950. When you see a property like this, how do you rais...
I just closed on 4 doors. Two of the tenants seem to be ideal with rent being paid on-time, considering it being put in the mail, etc. Would you ever hold off from doing a tenant inspection save on a potential "outlay...
Hi everyone,So this question is coming from a renter's perspective - hoping this is the right place to post. I've been reading around a lot on tenant screening and will eventually be in a position to be a landlord mys...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $280,000
Cash invested: $70,000
PROPERTY: 1-Story Brick Duplex, built in the 1970s that clearly needed (and...
I had a broken dryer in a unit that caused some burning to clothes. Had the the dryer fixed which took about three weeks. After that was done, I told my tenants that I would credit their rent for money spent on laund...
Hi all, hoping someone can help me. My upstairs unit heat is working great, except in one room (middle bedroom).No heat was coming out of it when I got the property, but my heating guy flushed the system, bled the rad...
Tenant had his clothes in our dryers. Dryer caught fire and his clothes are burnt to a crisp. Tenant said it was $800 in damages (college embroidered and other college clothes) and he also purchased $500 worth of more...
Hi guys, being as I don't have a substantial net worth (~$10,000) but do have 2+ years W-2 history, solid W-2 income, and I currently don't pay anything for rent/housing (DTI currently is 0%) I believe I would qualify...
Does anyone know where I can find a comprehensive checklist of safety-related items for rental properties? This is a list that I have come up with along the way (some of these came off the inspection report):Inspect/...
I am considering purchasing a 1940's home that we will need to add sq. footage to and vault the ceiling. Are there special considerations such as wiring and piping, that are specific to this type of home or do I tre...