I heard that it is better "dollar-for-dollar" value to buy older houses when looking to House Hack. I don't get this. The phrase "dollar for dollar" is a little confusing, and I don't know why one would prefer an olde...
Hi all, first time investor here looking at OOS rental properties from Los Angeles. Have been reading these forums, The Book on Rental Property Investing and browsing reddit. I am getting confused about the concept of...
I am in the process of buying a 4800 squarefoot fourplex and we are expected to close this coming Tuesday. We agreed on the price of 173,000 with the seller paying most of my closing costs bringing my loan to 184,000....
I have a multi-family and the first floor bathroom seems to be developing black mold on the ceiling (slowly). There is a bathroom fan but it seems the condensation is still building up too quickly. The ceiling is a ...
I have a lease until July 2019. Late March 2019 upstairs caught on fire. Aftermath we moved out of the house until early August. At that time the landlord turned the electricity back on and told us to call PG&E to...
So this news story has been on the headlines over the past week or so. It has me scratching my head a little bit.What's the difference between a "Motel" and an "Apartment Building"?I think as investors, we all unders...
I am about to purchase my first small multifamily (5-unit) property and plan on initially managing it myself. I have some practical questions:1) How often do you clean the common areas?2) How often do you do pest cont...
Hi everyone! My name is Elliott Sulz, I’m from Victoria, BC, Canada, and I’m just starting out with my real estate investing business. I’m currently a full time student studying computer engineering, but I also have a...
People in Michigan hate renting houses without basements. But then at one point or another they all leak. They all have a hairline cracks and you get that call.
What do you do? Do u spend thousands to waterp...
Hi All,
I am a relatively new landlord. I have a duplex in NH and the new tenant has asked if she could do renovation in the bathroom in her unit. She wants to either move the toilet from one side of the bathroom to ...