Hello All,I'm working on closing my first rental property and everything was going according to plan until the termite inspection revealed prior damage and higher than normal wood moisture content in the crawlspace. I...
I was wondering, in a multifamily property, is inspecting only one(out of 2-4 units) in any form "discrimination". Would I need to provide a reason for only inspecting one unit and not the other? The reason would be t...
My tenants lease agreement is up for renewal on May 1. I need to send him a new annual contract with the annual rent increase by April 1st.With all of this Covid-19 craziness going on and fear of tenants of not paying...
Ok, so this is a huge jump for me actually making a first post! I've been kind of lurking on BiggerPockets for over a year, sponging up information - reading articles/blogs, attending webinars, reading posts from my k...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Colorado Springs.
Purchase price: $359,000
Cash invested: $75,000
This property was purchased as a long term buy and hold ...
Not sure if this should go to the HOA forum or the short sale forum.
Location is Fort Lauderdale, FL. Small building with a condo association. Monthly condo fee is $300 which basically pays for water/sewer/...
So I was speaking to my friend who has been successful in RE for 11 years now, and over the years now does a lot of flipping and re-habing. He we was speaking to me this afternoon and some specific terms he used I did...
When running numbers on a property what cost numbers do you use as a rule of thumb for Cap-Ex per unit, per year, by Class?
I know this could be nitpicked to death with a lot of other factors such as year built, Roof...
I will be fumigating one of my buildings both for termites (not fumigated when purchased) to satisfy a lender on a refi, and also for bedbugs (only in a couple units but I figure this will kill two birds with one ston...
I haven't seen any negatives mentioned about having tenants drop off rent payments at the bank, but here's something to think about. My uncle set up a Deposit Only account at Wells Fargo authorizing a real estate clie...