So my wife and I own a few rental properties but we decided about a year ago that for the time being, we wanted to live a minimalist lifestyle while our two kids are young. So we made preparations and in July this yea...
So my idiot tenants used paper towels as toilet paper for some time and clogged their 3rd floor bathroom. The first floor and second floor tenants have not been having problems. We had the handyman out about a month...
I live on the first floor apartment with my three children just the four of us. We have had several tenants move in and out upstairs and have had a wide range of issues. Nothing like this! There was a couple up stairs...
I know there must be posts about this but I searched and nothing came up. Has anyone used those home warrantees that you pay $400-$500 for and they cover (with deductible) repairs on systems and appliances? I've alway...
I have a tenant that just left a property. I am glad they left and let them break the lease as their priorities no longer included paying rent. They went to Disneyworld, bought great toys, ate out often, etc. But t...
These are the details I have...
SP. $269,000 (probably get it for 250k)
9 Units 4 x 1 bed and 5 x 2 bed
100% occupancy (maintained for 12 months)
Scheduled Gross Income 62,100
Effective Gross Income 55,027
The que...
My wife and I have an opportunity to purchase 3 multifamily homes from an individual seller. Each building has apx 5-6 units. Is there a way we can do this with no $$ down? Can the seller use equity in the propert...
Hi,I have a question about the house maintenance. The tenant kept bothering me about a lot of repairing issue. I had replaced the refrigerator and washer since she moved in one year ago. When we signed the lease, I to...
I'm just jumping on the vinyl plank bandwagon for my rentals. Up until know I always went the cheap carpet route. A few quick questions for you guys who already use this product in your rentals. What has been your exp...
Well, we are getting around to the most wonderful time of the year and that means tenant Christmas gifts. I know some Scrooge like landlords skimp on this but I am convinced that Christmas gifts build good will and ar...