From what I understand, the tenant pays for all maintenance, insurance, etc. But what does the investor pay for? If a new tenant comes in, who pays for the remodeling, new roof and such?
Hello everyone. I have a good tenant that I do not want to kick out that recently put in an above ground pool without my prior consent. I found this out today when I showed up to take care of some maintenance items.Th...
So, I put in an offer yesterday for this house, there were about 4 other bids and I'm hoping I was the best one. I'll find out today if I won it. It's a short sale, but I'm pretty sure the bank has approved it alrea...
I have a 2 family that all the utilities have been sub metered so each tenant can be billed based on their individual consumption. The water provider will not read and bill sub meters. Therefore, we have a main meter ...
Good morning!Wanted to get your input on this.Been screening multi-family and commercial real estate opportunities. One thing I have noticed is the asking price with it's cap rate, is almost always priced out by the ...
I am looking at a new project for fix and flip. This house is a 5 bed, 2 bath. Three of the bedrooms and one bathroom are ground level. Two bedrooms and 1 bath room are on the lower level (finished basement). I like t...
So I got an email from a new investor looking for advice, lets call her Alice. Alice and her husband only have one car that he uses for work. She found a possible deal and wanted to look at the house and the neighbo...
I live in a trailer park with my friend. My friend owns the trailer but rents the lot. We found out today that the trailer park is sending their grounds keeping to clean the lot of weeds. They will be charging $40 an ...
Hi everyone,I had a tenant tell me yesterday that she would not be able to pay her rent because she got sick and is now on disability. She said she contacted ERAP to try and get assistance. She also paid late last mon...
I'm under contract on a property and there is a bit of water build-up in front of the house. The house has no gutters. Would adding gutters solve the problem? The water is probably about 4-6 inches deep.