I am sending a pay or quit notice by certified mail and a second copy by first class mail. Should I get a return receipt on the certified mail? Without it I would still have the online information from the USPS that i...
I'm conducting an analysis of a few Duplex and Triplex units in my area but have not seen enough deals to get a sense for average operating expense ratios for these types of properties. Assuming a management company, ...
How would you respond to this ??What are deed costs??♦️♦️Thank you for your offer. I have an offer now of $2600 confirmed . Would you like to counter?Per our terms: Seller does not prorate taxes or pay delinquent t...
Folks, I have a legal three-family home with three electrical meters. 2 meters on one side and one on another. I recently contracted with a licensed electrician who wanted to replace them all. He suggested new laws a...
Had an interesting discussion in the Department Heads group today where our CEO who has done more than 3000+ transactions and has an industry experience of 20+ years opined on the possibility of the election results i...
We signed Purchase Agreement for a duplex in Probate requiring court confirmation. Covid19 comes along and I'm worried about cash and other rental property and new law where we cannot evict for owner occupancy. We gi...
I purchased two SFH that both had tenants. Both listings stated they came with the fridge and stove and the leases also contained a clause saying the landlord provided the appliances. When signing the new lease the te...
I am interested in buying a property in a historic district, shut down for not having permits. They put a 1000 square foot additional in the back, which appears to be quality work to code, but there are a few minor i...
I'm just starting out and looking into 2-4plexes. Is there an easy way to figure out which utilities the tenant pays and the landlord pays?2-4plexes seem to add an additional layer of complexity because in these the l...
We just purchased are first rental property. Our first major headache is people who show up really late to view the property, or don't show up at all. I had three scheduled just today. One no-showed, one canceled whe...