I am about to close on a newer 6 family. It is fully rented, but was not managed well either financially (less than 1 month security, very high water/laundry bills, etc.) or contract-wise (simple 1-page contract). O...

Hi All,
Under contract for my first ever investment property, and the inspection results just came back. I'm concerned with two things which I will paste directly from the report. I'm meeting with my agent today to d...

   I have had the same renter for many years now, in a not so nice area. When the tenant moved in the yard was just ok, was graded  , dirt and little bits of grass. Now after recent heavy rains I am informed a month l...

So I found this duplex and almost everything about it is great. It would be a great deal... If I didn't have to pay the water bill. The water bill is going to kill my cashflow. Do you guys know of any ways to get out ...

My wife and I recently purchased 2 multifamily locations, with a total of 6 units. We had signed all the tenants to a 6 month lease initially, and we currently pay water. The water bill per quarter averages anywhere b...

Hey has anyone used home warranty for their rental properties? What are the companies that folks are using? What are the rates ?

Hi all,Does anyone have any lease language that you use to transfer responsibility of excess water use to the tenant?Some context: I have a clause that says...(g) Water may not be wasted. Washing of vehicles is prohi...

I own two long-term rentals (single family homes) in Colorado. I haven't physically been inside either property for years; I've only driven by each house 1-2 a year. Each of the tenants are great, they always pay on t...

I had a magnetometry survey (fancy name for an oil tank sweep) conducted at a property I am looking to purchase in Northern New Jersey. The scan detected an anomaly between the grass and driveway. While a metallic foo...

I want to put a laundry in the basement of my 4U as an amenity. I've done it "free"  in a 3U with success for the most part. In the "free model you build the cost into the rent. The upside of free is cheap machines, y...