Jeff N.
Tenant kids causing increased wear on unit
One of my rentals has a couple with three kids. When I visit to make repairs I have been noticing the stains and wear from three kids running around my unit all day. Any suggestions on how to mitigate the wear on the ...
Alex Hernandez
My Ugly Little House
Investment Info:
Single-family residence buy & hold investment in Hampton.
Purchase price: $40,000
Cash invested: $40,000
3 bedroom, 1 bath, 950 sq ft, class C.
What made you interested ...
Ramek Llah
Month To Month Or Lease Agreements?
Which legal binding contract do you feel more comfortable with? My advisor recommends month to month for the simple fact, the process of eviction is quicker. But, I personally would rather a year lease due to stabilit...
Christian Beebe
Beware of NY Group Buyers, Serious Conversation here
So you ready for this? We are in the process of selling some of our portfolio in the Midwest, apt buildings. Have a couple groups out of NY who place good bids and to which our broker stated they would go with. Thi...
Cory Lucas
Which would you pay down?
Currently own investment wise a duplex and a SFH, thinking about paying extra on one of the loans to pay it down faster. Curious which others would go after first? I’m thinking the SFH as that would likely appreciate ...
Laura Dalton
Does an additional tenant need to meet the income qualification?
We have a great grad student renting our 2 bedroom duplex. He didn't meet the income requirement so his parent's co-signed. Now he'd like to find a roommate to share the costs. I understand the new tenant would need t...
Andres Vanegas
CoC Return/IRR on a BRRR deal
Hey Folks,Wondering when Cash on Cash Return and IRR should be evaluated on a BRRR deal? Would you do it at the point of initiation - when you first purchase property- or the money you have in( if you do have money in...
Brandon Schlichter
Bedbugs and landlord liability
Recently an area where I have rental properties has become a hotspot for bed bugs.Treatment companies are now wanting astronomical rates ($800-$1500) to do treatments on properties. Unfortunately with how prevalent th...
Neal A.
CMX-1 Zoning Philadelphia multifam - specific question
I have a very specific question regarding CMX-1 zoning in philadelphia. According to philly's zoning guide a CMX-1 zoned property can be a multifamily property that consists of 1-2 units. However on the "addendum" or ...
Marcy Angulo
Best strategy for Equity Stripping?
My business associates have 17 rental properties, many of which are free and clear. They are in the process of transferring them into Land Trusts with their LLC as the beneficiary for anonymity & asset protection...