So I'm currently in negotiations for my first multi family property (5 units & up). I wrote an offer yesterday, and today the seller countered. Before I counter the seller, I am trying to more accurately nail do...
Just bought a 4-plex a month ago. I gave tenants a brief survey and all indicated they use coin-op laundry. However so far in my visits to property I have only received $1.00 in change from the machines. The former ow...
Morning Ladies/Gents,
This last month we have had a couple break ins in our laundry... We have a 'key style' box on most of our washing machines, and they seem to be inserting something in these and levering ...
Hello, My parents are evicting a stupid a**hole tenant right now who is bat shit crazy! We just ask her for something, and she throws a tantrum like a toddler! She's always throwing a tantrum and she used to park 10 c...
Ok so I have 40 unit complex with 4 laundry rooms
The equipment is aging a little and half really needs replaced. So I had a guy quote me for taking the laundry over. It’s a 60/40 split 40 to me. But he will furnish ...
A new tenant asked me if she could have an extra set of keys to give to a friend so that when she leaves town someone can come in her apartment and take care of her cat. On the lease it says, "Resident shall not ...
Has anyone tried renting out a house by the room as a mid-term rental (31 days or more)? Specifically, I am considering getting a house where each bedroom has a private entrance and private bathroom. How much of a mar...
In analyzing a 50 unit half 1br half 2br, what should I estimate for on site laundry income and on site vending machine income monthly?Thanks in advance!
Whether managing 5 or 100 properties keys are a big hassle. Fortunately everything is "smart" these days; thermostats, appliances, and even door locks. But what about battery life, reliability, compatibility, etc.. ...
We are currently buying a 24 unit apartment building that has on site laundry facilities. The prior owners were using a company that paid for the machines, serviced them and then sent them a check at the end of each m...