Kenneth LaVoie
repairs and capex too high, tips?
Good morning,We've been at it for nearly 6 years. We've bought lots of distressed buildings and plowed all the profit back into them. Now we're trying to get a handle on repairs expenses and capital improvements. We'r...
Heather O.
Inherited Tenant Paying $250/month inc Utilities out of lease
In a Landlord Friendly County and State, Florida, where there or no rent raise limits, I have purchased a multifamily property with a tenant paying only $250/ month and she has not signed a lease renewal, has a growin...
Trudy Hoekstra
What level of finishes do you use?
I'm working with a semi-experienced flipper (3 years of about 4 houses a year) who is giving me advice (my first two flips flopped). She typically does top-of-the-line for the neighborhood and then prices at median p...
Michaela G.
Tenants not informing of problem
I have a problem with tenants not telling me of things that may be wrong and by the time I find out it's become a major issue.
Things like a roof leak that finally makes the sheetrock come down.
I ...
Christopher Morin
This home comes with a lake... on the roof!
I'm looking for anyone with some experiences on intensive water damage to properties... I've already talked to my contractor and I think we've properly accounted for costs, but I don't want to end up in a very bad sit...
Mathew Morford
Rehab trends to use
We am currently rehabbing our home to possibly sell or get a HELOC on. That being said I have a few questions that I hope some people can answer for us. (Im sure these have been asked on this forum, but I couldn't fin...
Alex Perez
Furnishing 3 unit midterm rental, Mixing house hack and midterm rental
Hi all,I am closing on my first deal 7/1/24, it's a duplex up-down 2b/1b units with a single garage. I am looking to move into the top unit occupying 1 bed, and looking to furnish the other 3 bedrooms and purpose shar...
Andrew Otten
Looking at a Mobile Home tomorrow
Tomorrow I am looking at a mobile home in my area, west michigan, and it is incredibly cheap. The seller seems to be pretty motivated and the asking price is <$5k. The pictures show it needs some work but the ...
Rachel Lamory
Tenants son having many people at apartment constantly
Hi, this is my first post here, thank you for any help you can give me, in advance! We have a duplex that we rent out. There is a single bedroom unit on the first floor, and a three bedroom unit taking over the top t...
Randy Lehey
Qualifying a tenant with a dog
I'm currently in the process of releasing my duplex and I've never been a big fan of having animal in my unit. I recently had an application that looks good on paper, but he has a dog. I am considering allowing this g...