Anyone know how long before a lease is up we need to send a rent increase letter?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $170,000
Cash invested: $190,000
BRRR'd a dilapidated home into a college rental. Converted it from a 4 bed / 2 bat...
A good friend of mine purchased 100 houses in Detroit for $300,000 about 9 years ago. Here’s how it turned out1. Sold 12 of the houses for about $270,000, some cash, some owner financing. 2. Still renting out 26 hou...
I just had new tenants move in to a unit. The unit has washer and dryer hook ups. The tenants brought their washer and dryer in and realized the hook ups are for an electric dryer and they have a gas one.
It costs...
I've been frequenting two local family owned restaurants for years...and I can't see how they stay open. These are both inexpensive restaurants. They have their peak times, but I'd say 90% of the time they're less tha...
Looking for some advice on valuation of an existing day care. My wife and I are looking at purchasing an existing business + property in the area. We are early in the process as we have not had an opportunity to comb ...
I hear a lot on the podcasts and have read on the forums that many property owners pretend that they are not the owners of the property when they meet a tenant or potential tenant. Instead, they lead that person to b...
Hey, guys!So I am having a bit of an issue with appliances. @Sam Grooms and I closed on a 98-unit a couple of weeks back (there's a 10-page thread about it here). We are looking at a $1.4M rehab, and so far the biddi...
Hi everyone,Does anyone have experience buying existing businesses? What are some things I should look for? Here are my concerns:- Providing false records of income. The thing about this business I can look in their p...
Hello! New to this forum but happy to learn from all of you more “seasoned” landlords.We are in the middle of evicting our tenants in Ohio, have jumped through all of the hoops, and are awaiting trial. The trial is i...