Snehann Kapnadak
Deal Analysis - 4Plex
Hi Everyone, hope all is well. Wanted to get your thoughts on this deal, based on the following terms:My goal (caveat): 1st MFH deal, looking fora stabilized asset for moderate cash flow. Not looking to do any major v...
Quynh-Chi Nguyen
How much would you deduct from Security Deposit
Not sure what happen but it seems like the tenant took the cover or the screen on the security system. It's not even in use. Can I deduct it from the security deposit? And how much? First time dealing with it.ThanksChi
Rob Barry
Stats to look for in a large multi
I'm looking to learn the ropes of large multi-family complexes with a goal to acquire one with 30 doors in the next few years. So I wanted to asked more experienced investors what they look for in a large multi deal.A...
Mark Forest
Why allow pets
I am not trying to argue a point, but I have a strict no pet policy now because we have had so many problems. In one case the tenant's dog vomited and defecated all over our nice wood floors. In other cases the dog ...
Rick Day
Newbie with Major Landlord issue in Mandeville, Louisiana
I am in the process of moving to Mandeville, LA and got an apartment last week. My girlfriend moved in on Monday and found out that the apartment has a flea infestation the very next day. This is in a nice area a...
Tim Lin
Tenant won't pay security deposit despite damages
Hi everyone,
A tenant is moving out and I noticed some damages such as dented/chipped door frame, possibly happened when he moved his furnitures in. I brought this up and he casually brushed it off saying something a...
Jon Holdman
water bills paid by tenants
In my area, water providers are allowed to place liens on the property if the bill is unpaid. I've had tenants skip out owing water bills. So, on the most troublesome property I've kept the bill in my name and requi...
Winnie C.
Tenants want pest control without finding bugs
Hi all. I'm a relatively new landlord and I need your help.My tenants (a couple) moved into my condo in MA a month and a half ago. They just told me they wanted pest control for bedbugs in the unit because one of them...
Alfred Litton
How to Get Rid of That "Old House" Smell
Just purchased an investment property built in about 1960. We've just about finished repainting the interior, but there is a persistent (what I call) "old house" smell. It's not from a former smoker, and it doesn't ...
Cheryl S
Rehabbing for Rental Properties
Hello Everyone,
I had a question about rehabbing a rental property. It's low end. I know I shouldn't go overboard because it's not like I'm living there. However, what do people think about getting things that might ...