Hello. I’m closing on my first MFH next week and any help on writing an introductory letter to my new inherited tenants would be appreciated. One has lived there 3 years, one 6 years and one 20. The fourth is new. Ren...

I am under contract for a single family house in Stamford, CT. There is an underground oil tank in the front of the house. The previous owners used a company called, "Technical Environmental Construction, Inc." to aba...

I recieved a line of credit for 80 k looking to pick up a rental in Cleveland Ohio. Searching for a multi family in the price range of 15k to 35k. While putting the Brrr system to work on properties with only cosmetic...

Hi BP, Question: Does anyone have experience with back billing of water bills from properties purchased at Sheriff Sale?Current Situation:  My partner and I current have a property under contract, cleared to close, bu...

I'm in the process of buying a new construction with an JADU (attached In-Law suite) rental. The unit is a small, but quite nice, one-bedroom (or will be by the time I list it). The builder offers only very specific o...

Hello everyone, there is a duplex in the NorthWest Chicago suburbs that I'm very interested in, listed for 250K, rents total for about 2500-2600/month combined for both units.  Its a complete remodel (don't know about...

Hi All!

I have to this point mostly owned "residential" multifamilies. As I look into larger properties i am wondering if anyone has a list of improvements to make and estimated improvement $ amount to be added to va...

Hi All,

I am trying to work the numbers on a deal that I am interested in and am curious as to what Capital Expenses I should average into my long-term costs? For example: if the roof is already in good shape, should...

Hi there! I'm Chris, and I'm under contract for my first home purchase (A duplex, which I plan on owner occupying and renting half).  I'll make this as short and sweet as possible.  I got a rough inspection back (Majo...

I want to keep a close eye on my properties, but at the same time, I don't want to annoy my tenants. I'd like to develop a standard checklist that I use quarterly or biannually at each property, but I'm not quite sure...