I am in the process of renovating a kitchen that was trashed by a previous tenant that I inherited. The kitchen is small and there was previously no dishwasher. Will not providing a dishwasher make it difficult to r...
I’m evaluating a mobile home park in a community that seems to only have parks with park owned homes. Is there a way to figure out what a reasonable lot rent should be for financing purposes and eventual conversion to...
We are in the process of buying a property for a rental. It has a very nice size storage building on the property. Would you charge additionally for using the storage building or would you just include it as part of t...
We are closing on a 7 unit office building next week. The building is completely vacant so I am purchasing it with private investors funds. I'm going to do about a $20,000 rehab then get at least up and try to refinan...
I recently just purchased a duplex and plan to rent out one side for section 8/VA VASH program. One thing that enticed me was the potential for higher rents by honing in on the SAFMR and the zipcodes. However, after c...
Got this dialed in. Appreciate all the input! Cheers!
Hi all - I would really love an array of opinions from newbies that just started up through total pro's. I have two rentals currently, a town home I used to live in, and my mother's home that she left us kids and is i...
I closed on a fourplex in early June and just received the water bill and it's $711.40 for the period of June 5th to July 20th. This threw my math off. How can I get this under control??? Is this expected? I have a du...
Does anyone know how to raise rent? Is there a specific guideline to follow? One of our tenants is coming up on a one year lease. This is our first rental and we want to know the best way to take this approach.
My long term tenant (a family friend) is moving out and I am concerned how to make sure I pre-screen future tenants effectively without violating any laws.
background: this property used to be my primary home and ha...