Ray Lai
Fair estimate for a maintenance cost on a turn-key property
Does anyone have experience with the maintenance cost on a turn-key property bought through American Real Estate Investments? The spreadsheet they sent me for the portfolio of properties uses$312 in annual maintenance...
Beth D.
What makes a contractor stand out?
As an investor, what are the most important aspects you look for in a contractor? What makes them stand out among the dozens of others doing the same trade?
When you have a contractor you use regularly, what w...
Peter Christensen
Collecting rent when tenant says they don't have it
I self manage a single family home as a rental in St. Paul, Minnesota. Three women signed the lease together last summer and have been good tenants since then for the most part. About a week before January 1st, one ...
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Rich Dad Training?
Hey I have a chance to attend one of those "FREE" Rich Dad training classes tomorrow. Now I know that they will undoubtedly try to sell me some ridiculously high priced package, but was wondering if anyone has attende...
Dana Gearhart
Considering pets.....
We are considering allowing pets in one of our duplex rentals. What are your thoughts/experiences with tenants and pets? How much do you typically charge as non-refundable deposit as well as monthly pet rent? What ...
Marvin Anaya
Chicago First Time Landlord - Lease
Hello!I just closed on a 2 flat in Chicago (super excited!). Does anyone have a sample Lease that I can use or can anyone point me in the right direction please?I live in unincorporated cook county - not sure if that ...
Nick Littleton
Hold strong or Drop Price? Marketing strategy questions
I know it's December/January which is not an ideal time to neither sell or rent. Private landlords in the neighborhood that we invested in are renting their SFH at $2950, but they listed them in August/September. We...
Sarah Kensinger
Airbnb RV Rental
I have an unusual question that hasn't been asked on here a lot. Has anyone rented an RV (travel trailer) on Airbnb/VRBO? My dad became a FedEx custom critical delivery driver this year and can be gone for weeks at a ...
Megan Moore
I'm NOT a contractor but having issues with one. Need ASAP advice
We are at the end of our home-building process. My husband and I are the homeowners. I'll break down the math: $262,850.50 - contracted price of the house with contractor $53,000.00 - Mechanicals that my husband su...
Vanessa S.
Broken Window Problem
Hello fellow members- I have a problematic tenant who pays on time but has created other issues with noise and guests and now, a broken window! In my 20 years of being a landlord for a few properties, I have never enc...