Cynthia Ackley
Property Guardian vs Property Management Company
After many years of working in the property management and real estate sectors I am looking to get out of the management office and more into the field of providing a regular maintenance/property guardian service. The...
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large enough loan to buy multiple rental properties
Hi all... We have bought all of our rental propertes with conventional loans and now have a more difficult time getting loans due to the fact that we have so many mortgages in our name. The lender we use has pushed a...
Matt Faix
Renewing Leases/Raising Rent in Pennsylvania
Hi All - We are in the process of renewing leases/increasing rent for the first time since we've owned rentals. I'm curious how this should be done properly in Pennsylvania? Do tenants usually sign a new lease every y...
Heather Medina
Hello from Southern California
Hello BP, my name is Heather Medina, my background is in Architecture and I am new to the investing world. I filed for my own company, JH Venture Group, Inc. and I am eager to get started. I am located in Souther...
Alyssa Esquivel
Flood Insurance in Kansas City Mo
I’m currently under contract for a duplex in KCMO zip code 64131. I’m shopping for homeowners insurance and wondering if I should also get flood insurance?
Account Closed
VA Loan will allow for home purchase with UP TO 4 units
Hi. My husband and I are looking to use his VA Loan for a multi family property. The VA requires that the property have 4 or less units. We are interested in a property that has 5 units. Does anyone have any creative,...
L'Rainne Molina
Renter's insurance and subleasing
We got approval from our landlord to sublease 2 other rooms in the house. We have found a potential candidate. Does anyone know how the renter's insurance works in this case? We have our policy for the two of us (myse...
Mike Ball
CapEx Reserve In multifamily Properties
I am having a tough time understanding how $250-300 per unit is adequate for a CapEx Reserve. For example, if an HVAC blows out, that’s a $3000+ expense and there goes 10 years of reserves. There are so many other ite...
Robert Cummings
Renters insurance: Additionally insured or additional insurer?
I am currently re-writing my lease and rental agreements. One of the additions is renters will be required to have renters insurance. Now do I have them list me as Additionally Insured or just Additional Interest? ...
David Tang
Renter's Insurnace when there are multiple tenants
What are people's thoughts around tenant's Renter's Insurance in Chicago? We recently signed a lease with tenants (2 people - Person A & B) where they have 1 renter's insurance. Person A has the renter's insurance...