I'm going to be taking over a couple buildings in NYC that belong to relatives of mine. I need to learn more about management but I have no idea where to start. Any suggestions would be greatly appreciated, thanks.
We have a house in New Mexico that is currently being rented. Unfortunately a number of smaller things have gone wrong and required repair (e.g. an appliance, a lock, etc) and more recently there was a plumbing issue...
Hi Guys, First time turning to BiggerPockets but love the community and could really use some feedback. Right now I own a multifamily--2 units--1 2br, 1 1br with a shared washer/dryer in house. My water bill is being ...
I’m two days from closing on my first rental property and I just found out that the property’s basement flooded for the second time in the last week. The property is an over/under duplex, and we have had excessive amo...
Hi,I'm looking at a deal for my first rental property. As much as I've tried to research and be prepared, I'm worried there's something I'm going to miss or forget to ask. So far: 4 unit and SF sold together because o...
Good evening BP,I have a move out in one of my units that has a 1998 gas furnace that works great. No visible issues, haven't had any issues during the 5 years I've owned the place. Does anyone proactively replace fur...
It's been a few days since we close and so far, I haven't moved utilities like gas, electric,w ater over to my name and it's still in the seller's name. Everything remains on so I guess the seller didn't do anything ...
Just purchased a 4 plex. Want to install budget friendly, but durable countertops. What's everyone installing in their rental units?
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For all those out there, do you give your tenants an allowance? You know like utilities, water, gas, things like that. What are the pros and cons of an allowance?