Kenny Smith
how can loss of use coverage protect me in an emergency?
What is loss of use coverage and is it really important!?
Loss of use is coverage that covers you when the property you are living in or renting is unable to be occupied due to a peril such as fire, flood, wind,...
Eric Moeller
How do you find and analyze emerging markets across the States?
Hey All!I've been a high value residential real estate investor for 9 years in northern New Jersey. For many reasons I've decided to leave this business model and switch my focus to acquiring apartment complexes. My g...
Tabitha Bean
Rental needs emergency repairs, personal DTI too high for personal loans
My novice status will show here...I recently purchased a 4-unit multi-family property in Washington, DC. Though this has seriously boosted my net worth, it has stuffed my cash flow into the trash.I have a significant ...
Mark Allen
Diversify and Don't Turn Your Back On This Emerging Asset Class!
Just like when you were young and wanted to have the new, cool widget that just hit the market because everyone else was buying said widget, Multifamily has emerged over the last 10-15 years and everyone (especially n...
Kimberly T.
How to negotiate fee with contractor after emergency work is done?
We recently had a major sewer line leak that caused some interior water damage to 2 units in a rental we own in AZ. We had a plumber come out first, not knowing what was causing the water leak, and he discovered...
Brian M.
Expectations of your Property Manager to Address Maintenance
What are your expectations of your property manager from a maintenance perspective?We are currently trying a PM out for the first time and we've given them a triplex to manage. As a landlord, I tend to react very quic...
Laura R.
Rental management company - do I have a case?
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 ...
Chris Roush
Toilet nightmare (and how property management is dealing with it)
I hate to post about the cliché problem of a toilet not flushing at 2 AM, but I'm currently dealing with this problem with a particular property under management. They have received 3 emergency calls (and charged me a...
Tyler Tacy
Missing tenant, pulled out with EMS last week
Hey guys! I have a 4 unit currently. 2 vacant units I'm rehabbing and the other 2 I inherited tenants on.Went there yesterday to work and a neighbor told me one of my tenants was pulled out on a stretcher with EMS and...
Paul Witte
Managing night/weekend/vacation-time calls
Question for self-managing landlords:I'm just getting started managing rentals. To me 10% of rents to PM seems like it would be a weight off my shoulders, but I also have trouble justifying the expense for the limite...