Hello Everyone,So I've run into my first big problem with landlording. I own a condo but do not own the condo above it. My tenant has been there for approximately 2 months, and the upstairs tenants have been increasin...
It was recently brought to the homeowners attention that our PM has not had a license for over a year. They failed to complete classes that would renew their license. Homeowners have had many complaints about this P...
I am looking at a potential flix and flip. The property is being marketed for $75k with an ARV of $200k with little renovation work and it's in a nice area. The issue is with the title. The property has an association...
We recently had a flood in our building - it originated from a unit in 3rd floor and spread to 4 units below including mine. In my case, there was no water damage inside my unit, but there was water trapped between th...
1B1B 900 sq ft condo in Canton, MI
Asking price 145,000
Current tenant in place till June 2022
Monthy Rent $1,200
Seeking advice: If I offer $120,000 with 20% down wait till current tenant moves out in June 2022...
For buy and hold I don't like HOA communities due to the lack of control and volatility that could impact cash flow.What about for flips though? Do you guys buy flips in HOA communities or do you find that it limits y...
I have floor to ceiling windows in my bedroom and recently discovered that my carpet was damp near the window after a storm. I'm not an expert but it seems pretty obvious to me that the water is leaking from outside d...
Found a condo local in my area that I think seems to be a good price. What are other investors experiences with condos?
I have a rental in a condo complex that's under an HOA and the neighbors on the floor below my unit have been having loud parties until 4 in the morning about once or twice a month for the past 6 months. My tenants ha...
I'm looking at purchasing 70 condos in a community with 120 condos. This would be accomplished through owner financing. I'm worried about refinancing the deal. Has anyone ever dealt with this issue?Also, all of the un...