Diana B.
In a Mess!
I have purchased 70 units (8 buildings total) over two years from a property manager. He also manages them from me.A few problems. The main problem is that he doesn't pay rents on time - in the past the rents have bee...
Susan Thomas
Return of renters security deposit
Under what circumstances do you keep full security deposits? Do you spell out those terms in your lease? Do you tell your renters who have acted according to your lease terms what you expect when they move out ? I’ve ...
Fan Bi
Tenant Expectations for a C-Class Neighborhood
Has anyone had good experiences investing in C-Class Neighborhoods?To put some context around it, these are $60,000 a door multifamily units in Providence, RI, where a B-Class would go for $100,000 and A-Class $150,00...
Chris Harkins
What are your Top 5 Complaints/ Hang-ups with Contractors?
1. Out of curiosity, what do you find are your top 5 problems that seem to come up with contractors that you've used? 2. What do you think this problem has cost on projects you've been involved with?
Account Closed
Investment Property Analysis (Pro Forma), Becoming an Asset to Investors.
Hey BP,Feel free to scroll down to the Important Part.I am a realtor in the Greater Philadelphia area. My goal/aim is to work with investors for two reasons. First, I am a finance guy, recent Drexel University graduat...
Billy Joseph
Questions for Lenders
Hi Guys,I'm starting my vetting process of various mortgage lenders in my area. I have compiled a nice list of questions based on the article 7 Questions Real Estate Investors Should Ask When Selecting a Lender. Can y...
Kerry M.
Should I walk away?
1920 HUD former duplex 4/2 for $26K in a college town where 3/1 prices average in the 70's. Our contract date is 3rd week in April. The list of what needs repairs is long. Needs new plumbing on one side, including ...
Evan Kraljic
ADU vs. Duplex to Triplex Conversion, Electrical Questions
I'm going to be closing on my first property soon which is a duplex in South Mpls. One of the selling points for me was that it has major value add opportunities, the primary one being a 3rd floor with separate entry ...
Stephen Solano
How do you collect rent each month?
Hi everyone,I've been doing a lot of research lately, trying to find an efficient way to collect rent each month. At the moment the tenants at my first rental property pay me in cash each month when rent is due which ...
Doug Dias
First BRRRR was a homerun - how do I stay grounded?
First - this community gave me the confidence to jump in on my first investment property. Thank you all for the generosity in sharing information and giving advice.
I know this post will likely seem like a brag post...