Craig Anderson
Mobile Home Park 1st purchase, need advice
Hi there BP! I've stumbled across a package deal to acquire 3 Mobile Home Parks. The seller will carry 50% if I purchase all three parks. The prices are right, and they all cash flow with tenants owning all but 2 of...
Peter J Struck
Home warranty for Single family home rental?
Is purchasing a home warranty a good idea for a single family home rental property?
X X
Just bought my first property - question about raising rents
Bought a brand new 3br, 2.75ba house for $197,500. I'm going to rent it at $1300/mo to start [already have tenants moving in the day after I close on 06/08.] Does everyone typically 'build in' rate increases into the ...
Michael Borovsky
How should I start real estate investing?
Hi friends,I’m looking to begin real estate investing in the near future, I want to take the plunge towards the end of the year or next year. My head is swimming trying to figure out the first step. I live in SF, I wo...
Ekow Essel
Operating Agreement Approach
Hi everyone,
I'm in the nascent stages of establishing an LLC with my partners (4 in total), and am curious if your experience recommends we draft one ourselves or we rely on legal counsel to draft? I've seen some e...
Johathan Casell
Client complains of HVAC allergies
Our tenant of 2 months is complaining about allergies that he says seem to be triggered by having the HVAC on. He mentioned thoughts of dust or mold being the issue. When we turned the place around, we didn't notice a...
Ognen Borissov
Looking for templates/forms for controlling non paying and trouble tenants
I have an Apt. complex (76 units) in low income area of Kansas City, KS. Somehow it is normal for the average tenant here to live for 3-6 months, skip at least two months of rent, trash the apartment and leave. O...
Charlene Turczyn
Converting a small 3200 sq foot commercial building to a Duplex
We currently own a small commercial building, that I had my business in for a number of years. Springfield Illinois is losing businesses at a rapid pace. Our commercial building is zoned for multi family and is ...
BJ McKellar
Our tenant accidental threw away someones drugs.
So this happened at one of the properties we managed. Have you ever dealt with anything crazy like this?What do I do if my tenant . . . Accidentally Throws Away the Neighborhood Drug Dealers Stash BagYou may think th...
Anthony He
Help with bad contractor in Milwaukee, WI
Hi All,Does anyone have any experience going after bad contractors in Milawukee? We had a GC that basically dropped the ball on numerous portions of a rehab job and is refusing to complete a garage even though he was...