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Hello guys, Working with an investor, who is putting an offer to buy a property that has 4 tenants renting out rooms with no lease, and 1 tenant with month to month lease and 30 days to vacate. This is in New York, an...
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Background: the house was a primary residence for 1.5 years, a rental for 3.5 years and now I’ve moved back into the house. Originally I planned on living here for another four years before relocating out of state due...
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I am interested in a 2F property upstate, and everything seems solid. However, my numbers are based on MARKET rents for that area. Initially I did not know whether the current tenants had leases and/or what they were ...
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A single family house we manage is under contract to be sold, and during the due diligence phase the inspector left the water running in the kitchen and the bathroom for a full two hours. Water in Portland is billed o...
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Summary
Property took 1 year to sellProperty went under contract 3 times with different buyersWinter freezing temps - water pipe burst ruined our renovation and we had to start all over againWhat We Should Have Done
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Just curious if anyone has any experience with this. I have a duplex under contract and plan on house hacking. The upstairs tenants will be there until February, but the downstairs I plan on moving in and making it al...
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Hey team,
I remember @Brandon Turner saying that early summer (June 1) is the best time for leases to renew. I currently have a 10 unit and am under contract for another 13 units. When writing new leases, I make the ...
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I'm looking to purchase alot of vinyl plank this weekend while its on sale. I don't have an immediate need for it but when tenants move, I will use it up. Would storing it in my unheated garage be a bad idea? I know i...
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After over 100 BP podcast episodes and reading hundreds of threads here I finally decided to join in the conversation. I live in Orillia, ON. I've been working for a property management and real estate company on and ...
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I’m under contract on a 6-unit building in Chicago’s south side. I like everything about it, minus the gas bills. In recent winter months, $1200/month. Averaging $9,600 for the year.I don’t know the boiler brand / ...