Has anyone encountered this kind of issue during an inspection?If so, what was the cost of rectifying this issue of asbestos was found?My contractor is dealing with this at one of his properties.He purchased an older ...

This is an 8 unit building. Reason for initial acquisition: in addition to our normal checklist (distressed, mismanaged, rents below market, renovation needs were high, walkable distance to new LRT, in one of our targ...

I always knew it is just a matter of time until I would have to deal with the worst case plumbing issue - a broken sewer lateral under a rental property. So, I was mentally prepared for the big bill, but it still was ...

I would like to compare projected materials cost vs actual cost for my current 203k renovation to aid me with my future offers and estimating ARVs. I feel nervous about asking my contractor for receipts because I woul...

I'm going to be renting out a 2 car garage in Minneapolis to someone other than one of my current tenants (current tenants didn't want to pay extra for the garage). I'm curious if anyone has experience doing this in M...

To get to the point, my question is how nit picky do you get when determining how much of the security deposit to return?So I purchased my first 2 family home back in November and gave the first floor tenant until Jan...

Hello everyone! I help manage MTR/LTR properties in Indianapolis. Recently, we had an issue where a mid-term tenant moved in and only raised concerns about the property several days after arrival. We always perform a ...

After flipping a few homes, we have found that buyers can be pretty aggressive in their requests for "repairs" during the due diligence process.  Unless we note otherwise in the listing information or disclosures, we ...

Hey all! I'm building out my deal analyzer spreadsheet and I'm trying to iron out what %'s to use for closing costs. In my sheet, I have broken out points for loans and am considering breaking out escrow catch up so t...

One of my inherited tenants left after 5 years in the unit in Lakewood, OH. I have no idea of the unit condition when they moved in. The turnover is close to $10k with some upgrades. I have a few questions regarding c...