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(Background)Lo and behold... I finally committed to my first real estate purchase. At 25, it was time to move away from home and I bought a neat 2 unit rancher, with an attached in-laws quarter (unit #3). While I fl...
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I sent a link to a friend about sub metering their water after a conversation where they were complaining about tenant water usage. Her response to me was I don't know how this could help me because the water expense ...
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I am currently under contract with my first property multi-unit and am trying to figure out the problem and expected costs for the attached image. I do understand that the best approach is to get a contractor/basemen...
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Greetings,I've been evaluating a package of properties that together, total over 100 units.I keep reading that on the calculator to use 5% for repairs, 5% for capex, 10% for management and so on.When looking at over 1...
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Hey guys, I would love some insight on your thoughts on value for this small mobile home park.Park currently has 10 mobile homes. All park owned. 5 are currently rented ($600), 2 don’t have power due to new septic nee...
Hi I have a roof leak on an older rental with a shingle roof. I'm considering some options for repair rather than replace the whole roof. There was a section of the ceiling in the home where we replaced the drywall be...
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Due to a bad window replacement and siding job back in 2016, water was been coming in around the south facing windows every bad rain storm (like once a week in the PNW). We tried caulking up the area but that doesn't ...
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Maintaining your rental properties in good shape is crucial for several reasons. First and foremost, it ensures the safety and well-being of your tenants. Secondly, it can help you attract and retain high-quality tena...
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I've been looking for a multi-family unit to add to my portfolio and my property manager called me with a deal that fell through and the current owner wants to unload it. Details:5 units - Large home that was convert...
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Hi there BP community, looking for your advice on the following please: i inherited a section 8 tenant who pays way below market, acts shady, had an issue with the leaky toilet for years, which damaged the floor and c...