Vincent Plant
Do you allow tenants to make improvements?
I just leased my newly rehabbed home to a tenant. Everything is going well so far. He paid 2 months up front and has been a pleasure dealing with. When rehabbing I cut a few corners and went kinda cheap on the kitchen...
Richard Parseghian
Operational Underground Oil Tank (Do I replace it after purchase)
Hi Everyone,I'm currently in negotiations on a triplex in Monmouth County, NJ that has an operational underground oil tank. I have a contingency in place for the soil test to ensure there is no contamination, but as i...
Jeff G.
Approved development not looking profitable - Ideas?
Hi all - Our residential development plan has had a "budget bust", so I'm looking for other alternatives. Here's the story:Background: Since the early 80's my family has owned 8.5 acres with our SFH on it in a good lo...
John Bucknum
Compensation for plumbing issue
We own an 11 unit property that has had numerous issues with sewage backups since we bought it about 3 years ago. Place was empty when we bought it and in horrendous shape due terrible tenants and awful management co...
Ryan Tongue
Termite Damage during inspection
Hey guys!I'm under contract for a duplex in Muskegon, Michigan. The inspection report came back showing signs of old termite damage. I'm a new investor so I haven't dealt with this before, but I'm aware that termites ...
Daniel Crenshaw
First REI deal was is a Duplex buy and hold I couldn't refuse.
Investment Info:Small multi-family (2-4 units) buy & hold investment in Wichita.
Purchase price: $79,000 Cash invested: $24044.02I am always up for a challenge. My first real estate investment turned out t...
Jennifer Schelkopf
Historic MFH lake property in popular tourist town
Investment Info:
Large multi-family (5+ units) buy & hold investment in Hot Springs.
Purchase price: $200,000
Cash invested: $96,000
Sale price: $400,000
This is a 5-unit MFH in Hot Springs, ...
Monica Labrada
Tampa & Clearwater Multifamily Investing
I would like to get insights & experience on Multifamily investing in Tampa& the Clearwater area from Multifamily investors and Realtors. More specifically on cash flow and appreciation in class C properties ...
Sam Leon
New kitchen for a 2/1 rental property
A newly acquired duplex on one side it's a 2/1 (or technically a 1/1 with a den as the den doesn't have a closet) I have a kitchen area - fairly standard - all along one wall, the wall being 11' 2" long and all the...
Stephen Igbeka
The choices are real
So I finally got pre qualified for a fha loan after months of applying. This is the first approval I have for a FHA loan (450k).The dilemma is the guy who has helped me get pre qualified has multiple properties in lyn...