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Hey everyone,I'm looking to get my first rental property under my belt this upcoming year. I've been doing a lot of research about the whole process, but something nobody talks about is the design choices you go with ...
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Hi All,
I'm having a water meter issue in Chicago. My water bill has typically showed ~22,000 gallons of usage for a two month period. This is a 4 unit property with 4 washing machines and 7 bathrooms.
My most rece...
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Hi, I have a 2 family house with a total of 3 people living here. My water bill was sky high last quarter and I'm trying to figure out why. I've looked at the daily usage online and it shows certain days where anywher...
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Hi guys, so I have a new situation at my duplex property.As stated in the lease, the tenants are responsible for their own gas, electric, and internet and the landlord (which is me) pays the water, sewer and garbage. ...
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Hello BP! I heard from someone that as a landlord, I can charge deductible for repairs to my tenant. I know I would have to put this in the lease agreement to begin with. Let's say for an example that I put this ...
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https://reason.com/2020/03/25/...
The state of New York has a bill to CANCEL rent for 90 days for workers affected by the virus! This isn't deferring rent payment; it is waiving it.
Those landlords who have mortgage...
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Some Perspective... 0.15%
That's the percent of American people who have Covid-19 at the time of this writing. NOT even 1% of the total population.
Suppose the disease were to quadruple before this is over, that w...
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Going from 1 to 18 rental units in 2 years has been a fun journey. Here are some lessons I learned along the way that helped me succeed in multifamily investing!
Always Screen Incoming Tenants!Screening tenants is on...
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How do you guys protect yourselves against being sued? did you begin investing without LLC then move properties into LLC later and risk DoS clause? do you have LLCs or do you use combo umbrella/liability insurance? th...
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If you could please tell me a realistic (not "the sweet deal you get") number for what the average cost of one or more of these things in your area is, along with what area you're in, I'd be very grateful! I'm doing a...