Phoebe Hodges-Carter
Requiring Renters to Secure Renters Insurance
I am a new property manager. I want to require my renter to purchase renters insurance and add it as a condition of the lease with any damages to the property to be made payable to the home owner if the tenant is res...
Susan Owen
Out of state rental property exit strategy advice
Hi all.Here is my scenario:Bought a duplex out of state last year. I took a HELOC on my primary residence for $200k.Used 35k down, 12k burned by a nefarious “contractor”, we eventually obtained a real contractor who d...
Nik S.
Thieves....How to stop them!
I just put in a new washer and dryer a few months ago for a 12 unit buidling and things were going great. Tenants were happy with the new machines & I was generating a little more laundry income!Unfortunately, I j...
Adam Craig
Why BP so negative on property management?
I commented before on my situation, but just a quick recap so you know where I am coming from. I am self employed via eCommerce and my business bring me about 15K/ month profit and rising - leading me to want to inves...
Jason Baldwin
Crime Rate - How high is too high?
I recently stumbled on a fully occupied 6 unit property that would bring in about 35% Cash on Cash and that does take into consideration 15% vacancy. The city itself has a higher than average crime rate according to n...
Marc Ramsay
One of the joys of property ownership!
So I get an email from my maintenance guy with a photo of a large pile of garbage that was dumped on my MF property by some scumbag who was too lazy and too cheap to take it to the dump himself.
This i...
Jonathan Dempsey
Tell your househack success story
For those of you house hackers out there, could you provide the numbers to your deals? What makes a house hack successful in your opinion?What are reasonable expectations of a househack? I have done a house hack t...
Joshua G.
Purchasing a Duplex in West Mount Airy or Chestnut Hill, PA
Hi everyone, I just graduated from school and, as my first step into investing, am considering purchasing a duplex in either West Mount Airy or Chestnut Hill, both near Philadelphia. I would live in one unit and rent ...
Luis Rodriguez
Tenant asking to install a nest/ring doorbell
So here’s the situation, we currently live in a duplex that we own. The doors for each unit are outside and side by side. We currently have a nest that faces the stairs that lead up to the doors so we can see who come...
Wesley W.
Kwikset SmartKeys
Okay, I was "sold" on this product by an associate at a home improvement box store. either I misunderstood, or he was uninformed. I thought that the key included in the box was a "master" key, and that it could make...