Bryanna Mendoza
Spokane, WA - New House - Already Having Sewer Backup Problems!
I'll start from the beginning, because there are lots of little details I need to explain in order for you guys to fully understand the situation. (All names are substituted by fake ones for privacy reasons.)In April ...
Meghan McCallum
What is your best advice for turning a building "green"
Hello everyone!I am closing on a 20 unit building and my goal is to make it as "green" as possible. It currently has 7 vacant units, it is a 1928 brick building with a flat roof. So, I am looking for any and all of th...
Greg Maden
Partner with contractor 50/50?
I am in the beginning phases of putting my business plan together. My goal as far as an investor is to acquire a few houses both SF and or MF then start to get into buying and flipping houses. This is just a thought I...
Simon D.
Tenant Move out without proper notice and Damage to property.
Hey everyone, I need some advice and see what your take is on my next plan of action. I rented my property out to a tenant 1 yr ago and throughout the yr it was just nothing about nagging about minor issues that he is...
Julie Groth
Expenses to expect in STR
I'm hiring a management company for my STR. Of course, I can figure out what my insurance, cable and taxes will be. But, what can I expect to spend for all of the other expenses? Consumables, utilities, repairs, yard ...
Andrew Taylor
This Seems Like a Winner: What Say You, BP?
I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...
Ray Hurteau
Condo Conversion in Dorchester (Boston), MA
Hi All,We are wrapping up a 3-family condo conversion in Dorchester, MA (near JFK/UMass) and will be hosting an open house on Saturday, December 13 for anyone local who wants to see our work, network, etc. We will ha...
Michael King
First move out inspection, guidance?
This is my first self-managed property, a 4 plex I closed on this week. One of my inherited tenants is moving out on the 25th, although the lease is to the 31st. That said, he arranged the gas to be switched back into...
Steve Tse
Is it normal to continuously get tenants to requests things
Hi Guys,
I am fairly new at this and was wondering, on average, how many times does your tenant asks for things to be replaced of fixed ? I've had a new tenant for the last 3 months and I keep getting requested to ta...
Nwakaego O.
My contractor has blown throw the allocated budget
Hey everyone, I'm new to this home ownership deal and am currently doing some rehab to my basement. I have had to stop all repairs being done to my house because the contractor sent me a bill of an additional $38K on ...