Looking for peoples opinion on this. I’ve owned a duplex for a year now in Orange County NY which is about 65 miles North of NYC. I have both apartments rented to single individuals that both keep the place clean and...
Can someone explain the technique of using a master lease with option on an apartment complex and how it works. Does it work best with troubled properties?
We were required to switch all utilities under our name prior to moving in or even signing the lease. No where on the lease does it state the landlord will have access to the water. The first time we noticed them wate...
Hey all. First time poster here. Thank you to all who read this.
I bought a BRRR in January. One of the two units was rented, month to month. I had the tenants sign a month to month lease with me, changing only the ...
I have recently purchased a Multi-Family with tenants who rented under a lease while I was under contract. I reviewed the lease and agreed prior to purchase (lease signed by previous owner and tenants). When I viewe...
Hi BP,
I have a tenant in Lancaster, CA that is behind in paying the water bill and I would like to start the eviction process on them. I know that I start with the 3 day notice to perform, but I was wondering if i w...
We are running numbers on a 9 unit near a large university. The owner states it is usually 100% occupied. I put in 5% for vacancy, 5% repairs and 6% cap ex (they just did the roof and parking lot as well as a few wate...
Hey all,I have the opportunity to work as an scout for a group that wants to buy 100-150mil in very secure medical lease-backs. This is not an ad, I'm not interested in solicitations, I just need advice that pertains ...
Hi there! Has anyone ever brought a property that already had a Property Management company already? Any feedback would greatly be appreciated.
Happy to say we closed on our first property today.....now what? It is a duplex and is currently rented out. What do you do in regards to introducing yourself to new tenants. Any advice would be appreciated. I will sa...