I have a few doors in small multifamily properties and am looking to hire a property management (PM) company. Most PMs I have contacted have an indemnification clause in their contract, which says the Owner (me) woul...
Here are the results from my first out-of-state BRRR
purchased property for $62,000 budgeted $30,000 (expecting it was going to be closer to $35,000)ended up putting about $41,000 into the propertythe cash to close a...
I am a landlord of a 4 unit building where I rent one unit to my sisters ex boyfriend/baby daddy. I keep the property keys on the key holder on the wall. My sister took the ex boyfriend spare key off my key ring witho...
hey guys I know how to evaluate a multifamily apartment building. But recently I came across a commercial building with retail stores. How do you evaluate something like that? Purchase price is 450K5 stores leased at ...
My husband and I own two single family rental properties, one in Alaska, one in Las Vegas. We have a separate LLC set up for each of them and a separate business checking account to collect rents, security deposits a...
What impact an IRS lien has on a property purchased at foreclosure? I heard that an IRS lien does not get wiped out at foreclosure (Texas).What are the consequences of buying a property at auction? [size=18][/size]
An...
In my lease I specified that my tenants should cover repairs that cost less than $100 and that there is a home warranty that can be used to cover repairs. My tenants called a plumber with whom they'd done business pr...
We are fairly new hosts and thus far have gotten all 5 star reviews on AirBnB. We're up for Superhost in a week or so when it's evaluated. We've exceeded every mark, however, we only have 11 reviews. We have a gues...
I have a tenant whom deducted some money from this months rent for the purchase of salt and sand. She included the receipt of a local store but sent me NO previous notification. The law here for this type of stuff g...
Hi BP!!! The motor is out in our rental washing machine, to save us the back and forth we are leaning towards replacing the entire unit but in the mean time do leave it up to our tenant to figure out how to wash her c...