Hello everyone,I went under contract on a mixed use property back in late June that I'm converting back to a duplex. My agent sent over an addendum to extend the closing since I'm using a rehab loan and I also had add...

How do you verify if the owner has included all expenditures to calculate their cap rate? Considering a 16 unit for 560k with an 8.04 cap rate. Is this considered a good cap rate?

I am looking for help on ways other landlords collect charges for Maintenance issues caused by tenants. We do have these items spelled out in our lease and the lease was created with the help of our attorney who speci...

Hi,

Does anybody have any pointers to resources/documents that help you assess building costs or replacement costs for the following items.
-Blinds
-Carpets
-Driveway
-Fences
-Landscaping
-Patio
-Sidewalk
-Swimming P...

Before a walkthrough and before signing a contract is it appropriate to ask the seller of a small multi family for:
1. Rent Roll
2. Property Tax Bills
3. Utility Bills (last 12 months) (landlord pays all utilities)...

I'm having an ADU built from a detached garage which will be a 2/1, approx. 750 sf.  The single family house is a 3/2 approx. 1200 sf.  The utilities are LADWP and gas, both properties would be on the same shared mete...

I know some people have probably done a lot of turnovers in their careers. I'm just curious. Does your deposit typically cover the entire turnover? I'm wondering because if it doesn't, that would take a chunk out of y...

I had a tenant call about a refrigerator repair. I called a repair technician who did the repair for a couple hundred dollars and I paid it in February. I decided to check the lease agreement for this property a co...

Hi all.  Newbie question that I couldn't find an answer to (though I'm sure its on here somewhere!)  We had about 8 showings to prospective renters today for a small house.  Several expressed interest and asked for a ...

Hello All, I am currently looking for a tenant to fill my first rental property. A little background; The property is located in a less-than desirable part of town, but the house is nice & clean.
I have one guy w...