I'm looking at purchasing a Duplex and turning the basement into a 1-2 bedroom, 1 bath unit. It already has a kitchen area and bathroom built out, but unfortunately it never passed coding for a legal 3rd unit. (I thin...
Hi,we recently changed property managers after having the same one for several years. We started to have issues i.e. checks were starting to come in late, hard to get in touch with, and so forth so we were happy to he...
I need to talk to and hire a contractor as I'm preparing to convert my condo in Chicago into a rental. Most of the things on my list are small wear and tear items that have come up from living in the unit for 11years...
Hi Everyone,
I landed my first rental property last year and have a question about maintenance - I have often heard it's a good idea to check your HVAC annually so I wanted to put together a list of critical items t...
Would anyone have a good list of the routine/preventative maintenance checks that should be performed annually or regularly on single family rental properties? Air filters, fridge filters, etc... pretty obvious. But...
This is my first time on this forum.
Just a quick background, I just purchased a 2-family home, I intend to live in one unit, and rent the other unit. My goal is in two years, depending on the market, either "flip" th...
I've read from several people on here of doing a move out cost spreadsheet that is to be signed by both parties before moving in. For example, if you leave trash in the unit it will cost you this much. A fork in the d...
Hey everyone,
I am almost in the final process of buying my first (primary) home with the intention of renting the basement. I just go the inspection reports and it looks like it will cost me around 8k (very rough es...
I was wondering about the most important things to look at when evaluating a residentital investment property. I was trying to narrow it down to 10 or so items. I have the following, does anyone think I am missing any...
In December, I purchases an old triplex in West Virginia that was already filled with units under a non-profit homeless housing organization. The tenant in one of the apartments has been living there for years and has...