Anthony Freeman
Frequency of turnover costs
As a multifamily property investor I should get used to spending some amount of money on every turnover process
Scott Harlow
Apartment saturated in pot smoke
I bought my first 4 unit last month. I have given a month-to-month tenant notice that I will not be renewing his lease. His apartment is saturated with pot smoke. I'm assuming the apartment will need to be wiped down ...
Mark Yuschak
Tenant passed away in an apartment
Just as the topic title states..
I got the call earlier today from a neighboring apartment. That tenant was complaining of an odor and asked if I had heard from the elderly lady next door. I hadn't. He took it upo...
Christian Malesic
Who Cleans?
We either have our people (my wife & sister-in-law), who are equal owners in the company do the cleaning, or we hire it out.
Our people only do the work on evictions and new apartments.
Incidentally, our cleaning...
Angelique Kelly
Tenant refuses to pay pet rabbit damages.
My last tenant had three pet rabbits that she let run free through out the house. It wasn't until we had hired a house inspector to do a routine evaluation that we realized how much damage her pets had done. The bas...
Trevor Ewen
Appliance Replacement Plans
We're buying a whole lot of appliances from Lowe's this weekend. For the set of appliances we've chosen for the units, Lowe's has 5 year replacement plans available. According to our numbers, these are running at abou...
William C.
Tenant accidently burned the oven tray
Tenant accidentally burned the oven tray (the big tray/draw on the bottom of the oven). It was caused by the previous owner left a huge meat bone (undiscovered) in the bottom shelf (the tenant are all Vegetaria...
Cassie Chun
Make less income or have more expenses?
One of my tenants is going to do the yard work/maintenance regularly. Is it better to take $100/month off his rent (make less income) or pay him $100/month (have more expenses)? In Hawaii, we pay 4% general excise tax...
Aaryan Patel
What are ALL of your expenses per month on multifamily properties
What are ALL of your expenses on multifamily properties? There are many common ones such as mortgage, utilities, cap ex, vacancy, landscaping, and more, but I was wondering if anyone had dealt with even more specific...
Toben B.
What Color Should I Paint this Quadplex?
I bought a beat up Quadplex last week and I am doing tons of work on it.The exterior is a faded green paint. What color should I replace it with? I was thinking a creme with black shutters.Look below and give me any s...