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I have a great rental property. Its a 3/2 that I paid $40,000 cash for and rents for $800 per month. It's worth about $70-75K. The problem is that my property is on a corner and on the other corner is the neighborh...
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All:I'm about to begin the annual update on my lease for my student rental properties. What started out as 4 pages in 2006 is currently 17 pages long. And I expect it to fill 1/2 of the Library of Congress by the time...
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Hey Guys,
I need some advice. I have 2 tenants who pay their rent on time and are otherwise great people.
They found a mouse nest and mice droppings in the basement the other month. I immediately contacted a pest c...
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Hello Bigger Pockets! I just purchased a vacation property that I will be offsetting the cost with some short term/weekly rentals. I have started working with PMI as a property manager but starting to find out there...
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I have 10 days for inspection.... I've got my inspection scheduled, getting a lockbox, copying keys....
What all do you do between acceptance and closing?
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All:So ten years in and now I'm officially a landlord as I just got served with my first lawsuit. It's in magistrate's court and the tenant is asking for her last 6 months in back rent (~5k) as she says she has not be...
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Hi, as the title mentions we got a new tenant and a month ago and she saw a Silverfish bug once and asked us to get an exterminator. We kindly replied that these bugs are harmless and that if she saw one it’s not that...
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Hi All. I'm looking at a couple multifamily properties in Northern Michigan (local to me). They don't seem like good buys, but I'm concerned that I may just have my expense numbers wrong. Below is one of them. Am ...
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My family and I are nearly done with renovating a rental unit with the hopes of not only increasing the value therefore increasing the rent but to also attract higher quality tenants. We have a potential tenant who is...
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We are in the process of submitting an offer and doing our own due diligence. I wanted to do a quick survey to see how you guys verify income statements and expense reports provided by the broker. Currently we have re...