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I'm in a pickle and I'm trying to figure out what I should do. Currently under contract with a 9 unit apartment complex. It has an oil boiler that heats 1 apartment and 1 commercial space. All of the other 7 Units ...
Hi everyone,My first tenant, who was a complete pain in the neck, decided to take my incentive and move out early. I got a bottle of champagne and had a little party to celebrate... seriously, I did.The problem is th...
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How do you guys go about paying an individual for work performed? For example I know Joe Nobody that does plumbing work, and he does a great job. Can I offer him a side job, if so how do I pay him and account for it...
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Hello,
I had a situation with a rental property I own where there was a sump failure. The sump is located in the garage. With pump failure, the sump overflows and water runs down the couple of steps that lead from ...
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I have a good tenant with a demanding schedule.
He pays on time and keeps place relatively clean.
I respond to all requests immediately and always work with him.
However, he does not follow certain parts in our con...
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Hi all, found a property I'm close to ready to moving on. Seller and I are about 4k apart in purchase price but I'm using their selling price for number eval:Neighborhood: C+/B-, I would live here if I needed to. Its ...
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Good Evening Ladies & Gentlemen,
I am a brand new to this multifamily investing. I closed on a property recently and I am on a transition of slowing moving into the the property since it's a 40 min drive from wh...
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Alright, I thought I would throw this to the group to see thoughts.I bought my first investment property in March of 2020 (crazy timing) for $229,000/$69 sq ft in Nashville TN. Extremely hot market. It is a duplex and...
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How important would you say air conditioning is for a cabin in the smokey mountains if it is at a high elevation point (3700') and does not have a prior system installed? I would prefer to spend the 15 K it would take...
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Dear BP members - on my lease with the below clause, it says 90 days notice. I explained to him that it works both way - meaning that landlord will have to give the notice to tenants 90 days notice if not renewing the...