Hey Team! I've recently purchased a duplex and I need to tell both renters that I won't be renewing their leases. I have to renovate to bring the property up to my standards. They both seem like nice people but since...
Landlord from Massachusetts. not sure what I have to include in a letter of nonrenewal . I'm doing it for a sec 8 tennet I already informed her by phone call. But Im learning now I have to put it in wrighting. And s...
Looking for some advice. I live in Northwest Arkansas, the home of Wal-mart where property values are seeing a steady appreciation. Last year, I bought a triplex and took out a HELOC on one of my other rental properti...
Hey Guys,I have a duplex in North Oakland w/ both units renting at market prices, if not a bit higher. Lease terms are about to end, and I'm wondering if it makes sense to ask tenants to renew their 1-year lease. No...
I inherited tenants with the triplex I bought 2.5 months ago. One tenant has paid no rent despite multiple attempts from me to work with them. I have offered a payment schedule to recoup back rent which they swore the...
Just renewed my RE License in CA.
Getting ready to buy my 2nd investment property soon.
Want to know if anyone else uses their License to buy as an investor.
I didn't use my license for the 1st property.
I don't wan...
I've recently heard that siding can now be restored to look like new instead of replacing. I'm curious as to how well it works, how long it lasts, pros and cons if any. Has anyone done this to a house? I'd great...
I have a tenant who has been late on rent every month since I bought the building this winter. Her lease ends at the end of July. Can anyone connect me with a letter template for this situation? I may also take her to...
Tenant hasn’t paid on first month of renewal 12 month lease. When contacted to set a time for me to come collect rent, tenant states she’s moving out and I’m assuming she feels she doesn’t have to pay rent for the mon...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Verona.
Purchase price: $100,000
Cash invested: $50,000
We used the brrrr method for this property. It appraised for $197...