If you own a rental property, it’s YOUR responsibility to provide a safe environment for tenants. This starts with things like tenant screening, security upgrades, and most importantly, acting swiftly when a resident ...
Omar Ruiz
13 Unit Apartment Complex - Where We Learned Some Hard Lessons
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $650,000
Cash invested: $350,000
Sale price: $880,000
We purchased this 13 unit apartment complex ...
Tony Blaine
Capex To Raise Rents
In your experience for those who have at least done a couple CapEx Multi family investments, what has been your primary focal point when evaluating what to improve on a property to increase rents? Do you look at exter...
David Haley
how to handle prorated rents and endless parent!! requests
We are new to College student rental: Lease starts on 3rd of the mo - are we obligated to prorate that month? Lease end date is the 24th-do we prorate that month as well? We are renting our 2 year old investment prope...
Alex Ng
Duplex offer accepted
After a back-and-forth offer, seller accepted my final offer on a duplex in Portland, Maine. Property is steps away from Maine Medical Center. Very excited about it..now let's deal with the bank since this will be m...
Mihir Bhimaraju
Tenants' attitude- Am I looking at it the right way?
I own and manage a single fam that a 2/1 and rents out for $635. I acquired it 2 weeks ago. Seller listed at 38k and I offered 24k cash after finding a few big ticket items for repair. I asked the seller at closing wh...
Bryce Andersen
Do egress windows in a basement add value?
I just bought my first house that’s going to be a BRRRR. The basement has 2 bedrooms and a family room with small windows. The home was built in 1958 and is grandfathered in so egress windows are not necessary. Howeve...
Dion DePaoli
Tenants Doing Capital Improvements
An interesting issue has come across my desk and I am curious if any other LL have bumped against a similar issue.
The general concept, tenants move in on a run of the mill standard annual rental contract. Tenants...
Kevin Asgharian
Foster Transportation and Streetscape Project
I was reading up on Foster Road Transportation and Streetscape Plan green lit back in 2014. Looks like the city is still moving forward with it. I'm curious to know what others are thinking on this, I tried searchin...
Alexandra Crivello
California tenant made unauthorized improvements to rental unit
Hi all. I have a single family home rental in California. I made my tenant an offer to buyout because I want to move into my house. However, because of the pandemic and Alameda County's eviction protections put in pla...