Jason Herbert
Existing Tennants and a New Owner
I am closing on 2- 4 unit buildings at the beginning of next month. The existing owner has been nonexistent for the better part of the a year at the properties. We are planning on starting capital improvements right a...
Julio Gonzalez
When to Capitalize vs Expense
Oftentimes people get confused whether they should capitalize a purchase or expense it. Hopefully this helps clarify things a bit!
A capital expenditure is money spent by a business or organization on acquiring or ma...
Jason Hines
First time buyer - Inheriting tenants/raising rent - need advice
We are set to close on our first duplex next Monday in Pennsylvania. We will be living in 1 unit and would like to continue renting to the existing tenants in the other unit. They have been there 10 years, have taken ...
Nicholas Daniels
House-hacking for Early Retirement. Strategic questions/reasoning
I'm going to be graduating from college next year. One thing I've been investigating is this idea of house-hacking. That is to say, buying a duplex, triplex, or fourplex and living in one unit and renting out the othe...
Christopher L.
Tenant not responding to rent raise/lease renewal
My wife and I are house hacking in Burbank, CA and have run into an unusual situation with a tenant that we're not sure how to handle. He and his family have been renting from us for two years without issue, their lea...
Daniel Renta
Pulled a fast one on me...
Hello,I"m currently renting a rear section on the 2Fl of 2 family house. I have been renting since May of last year. For my sanity and others I will get straight to the point. Sometime in April I was asked by my land...
Daniel Avery
Section 8 rent increase
Hey i bought some rentals who already have section 8 tenants in them. I️ have noticed the rent is lower than normal and should be increased based on bedrooms etc.
Section 8 sent me a form to complete and told me to ...
Jim Costa
How to raise rents on new purchase when they are 60% of CMR?
I am in the process of buying 3 duplexes that are undervalued because of rents. They are renting for $800-850. Market rents for this size in this neighborhood. should be 1100-1200. Once you purchase how do you rais...
Jeremiah Sullivan
Investing in the Midwest, Ask me Anything
Hello All, My partner suggested I do this and that I would enjoy the website. I have been investing in Ohio for a little bit now. I have properties with my own money, partners money as well as a fund that takes outsid...
Demetrius Brown
Multifamily Construction Top 10 Markets
According To Yardi Matrix, These Metros Accounted For 40 Percent Of The National Pipeline.
Key HighlightsThe top 10 most active metros in the country by volume of units under construction account for 40 percent of ...