Andrew Hofing
How do you do renovations to units on fully rented apartment building
We are looking @ purchasing an 8-unit townhouse. It is going to be a value add property. The rents appear to be on the lower side and can be raised over time about $100. One of the units has been renovated with a n...
Douglas Stewart
Evicting a Smoker (CA)
Back in the days before I heard of BP, I bought a condo rental in CA (did everything wrong, didn't even run numbers, by pure luck it cash flows). I needed a tenant right away so I stupidly rented it to a smoker. She...
Kyle Penland
Wood floors
Hey Everyone,I bought a property...Paid 12.5k for it. Has hardwoods throughout...Was covered by carpets, pulled up the carpets today and was ready to install vinyl sheet flooring over it. Lets be honest, the house i...
Tim S.
Thinking about adding some low income rentals
Been thinking heavy about adding a few low income properties (Houses that I can buy for $10,000 or less and buy cash).If I decide to go this route I'll rent them to Section 8 tenants and make minimum repairs (paint an...
Natalie Sologic
Options To Take Toward Tenant Who is Behind on Rent & Has Vacated
This is my first experience with a tenant who has not paid and will likely not be paying. Her lease is up 3/31/2022, but I agreed to let her end it one month early as she was struggling financially and was moving in w...
Clint Worland
bought first Rental 4plex.Repairs needed to be done.tenant occup.
Good evening-Just purchased my first buy and hold property. The ROI is great but the property does need some work. All units are rented out and paying on time. My question is, how do I wok on the property while the un...
Greg Tudor
Strange request by person renting out my home
I'm currently paying mortgage on a home and have decided to rent it out , the renters have been there are year and it is now time to resign the contract. The renters stated specific conditions for the renewal , one o...
James Denon
Small Unit Turnover Cost $2400. Need advice/help
Looking for some feedback for what I consider a pretty bigh bill for apartment turnover: $2400 for a 800sqft 3bed 1 bath apartment. It has a small living room. The apartment is in Springfield Massachusetts area. Lower...
N/A N/A
How to retain good tenants?
I've heard many different ideas for "compensating" good tenants, from installing celing fans to buying TVs, and so on. I was curious what other landlords out there do for their tenants that is "above and beyond" wha...
Mario Balistreri
My Unintentional Real Estate Investment
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $275,500
Cash invested: $25,000
I'm considering this house as my first real estate investment. My family and I purc...