My tenant just texted me saying that the glass cracked on the stove in one of my properties from when she was cooking on medium to high heat. The stove is only five years old and I bought a good one. It seems to me th...

Yesterday my tenant texted me to tell me that she didn't want to turn on the central heat so she plugged in a space heater. When she did this tripped the lights.  She flipped the breaker and the lights came back on bu...

The Condo has been paying for insurance to cover the buildings and common area.  I contacted the "Insurance Company" and was told there is NO name like this on record?   Can this happen?  I have Condo insurance on my ...

Understanding a Mortgage Appraisal - Part 1

The first thing to understand is appraisals are not all the same or equal. In fact, each appraisal is unique to the needs of the specific client.
Mortgage Appraisals are...

Hello from hot market #1!Has anybody ever heard of including something atypical in an offer for a house? (Or a multifamily) we are wondering about trying to make our offer standout in the San Francisco bay area by inc...

I own a few SFH and closing on 1 duplex. I came across an opportunity for a school that I think would be a really great setup for apartments. I'm a bit out of my element when it comes to estimating costs and possible ...

When you find that the bank owns the property but it's not listed for sale, the neighbors  complain that the property is not secure, someone is going in at night , it looks like a forest in the back of the house so no...

Hi All,I currently have a rental property and I'm almost ready to get the second one. My question is what do all of you do as a side job to generate extra income to save up for a down payment? I'm already saving a goo...

I am getting close to getting a contract on my second multifamily deal. I am having trouble estimating a accurate cap ex and we are about 20k apart on 330k counter offer. The deal involves 3 separate duplexes (6 total...

Hey all,I put in a few key words and came up empty in the FilePlace.  Does anyone have any forms or verbiage they care to share on what you put in your leases in regards to water heaters?  I.e. temp settings maintenan...