Mark Forest
Why allow pets
I am not trying to argue a point, but I have a strict no pet policy now because we have had so many problems. In one case the tenant's dog vomited and defecated all over our nice wood floors. In other cases the dog ...
Jayde Brown
Landlord claims damage; tenant claims wear and tear..
My question is in regards to wear and tear; specifically, plumbing below the floorboards and inside the walls on a 20-year-old rental cottage. If there is leak not readily noticeable, as in occurring inside the bathro...
Emily Howlett
Baltimore/Fort Meade, MD Tips For Starting Out
Hello! I'm just getting started in looking for properties in the Baltimore/Fort Meade, MD area, and have been running into some mental blocks - I'm hoping you can help me! As I said, I'm just getting started looking a...
Jason Martinez
PM found GC to do work, wants cash up front......?
Hi everyone, Here I am posting another question regarding my first investment. I closed on a house that needs a bit of work done. The PM that I hired has many vendors considering they manage over 750 properties. They ...
Ryan Sanders
I think this is a good deal...if financed correctly
A duplex in my area is listed for 197,000. The following information is provided: "This duplex has been totally renovated inside and outside! The kitchens have new cabinets, new counter tops, and new appliances. Th...
Damian LoBasso
Newark New Jersey Markets
Hi Everyone!Does anyone invest in the Newark, New Jersey market, and if so which areas do you recommend to look at. My partners and I are interested in expanding our reach to Newark but are first doing our diligence ...
Garrett Christensen
How much to set aside for Maintenance and Cap Ex?
Hi All,I've been investing for a few years now and when I'm running numbers I always set aside a percentage of the rent for maintenance and cap ex. I adjust this number slightly based on the condition of the property,...
George P.
Washer died. Replace or repair.
A 9 y.o. Whirpool washer just died in the rental unit. My first reaction was to replace it with new (for no more than $500, some basic washer). But then I thought of fixing it - but since I never dealt with fixing,...
Joel Owens
Physical labor is SOOO overated!
Oh man today I took out the old carpet out of my mom's ranch apartment. It's a little 850 sq ft with nobody above or below on the ground level.
Senior community 55+. Getting the management to send any kind of repair ...
Joseph L.
How much $ to spend udating to raise rents by $300
Hey guys,
Just purchased my first Condo property and wanted to get some thoughts about putting money in and upgrading.
Currently the unit is rented for $900 and they know this is under under market value so they are w...