Bienes Raices
EPA Lead Paint certified -- added costs for job?
I'm in kind of a bind and had to get a contractor who's not Lead Certified yet to provide an written estimate for mold remediation to the bank by a deadline at the very last minute (don't ask!). I was wondering if any...
Ryan Kindel
Houston Market Questions
Hello,I am new to real estate investing and live in Houston, TX. I know the city and the areas pretty well but not from a housing perspective. I was looking for some opinions of what to watch out for such as:1. Is the...
Luke Williams
Repairs
Hello guys got a question for you. We just purchased a three flat in chicago with tenants, after doing my detail inspections check list on each unit notice a few thing need to be repaired the biggest one is bat tub...
Quan Tran
Increase rent during pandemic, should we?
Good afternoon everyone, all inputs are much appreciated. We have a 3 family house with each unit having 3 bedrooms. The going market rate now in Worcester MA is between $1400 to $1600 if I'm not mistaken and I only...
Sharon Williams
Heritage Tenants in Duplex
I am currently working to purchase a duplex with existing tenants. What kind of records should I request from the current owners regarding the tenants and leases. Should I sign brand new leases? I'd like to upgrade...
Michael Zack
Issues with my first REI property!
I’ve had tenants in the downstairs unit of my 2 family since July 1. Since then we’ve had to replace their dryer and dishwasher (older appliances that came with the house). Recently we had MassSave do an audit and ins...
Erwin F.
AC Needs to be Replaced. Should I get the tenant a hotel room?
We have a 12 year old AC unit in Florida's hot summers.Late Tuesday night, a tenant contacted me about the AC being broken. On Wednesday and Thursday, we had repairs (that didn't work) and quotes being estimated. Th...
Jonathan Avalos
Vacant vs Occupied: Purchasing first quadplex
Hi everyone,My name is Jon Avalos, first time posting, working on purchasing my first investment property.I've narrowed my search down to tri/quadplexes. However, I'm wondering what other investors have experienced wh...
Tina Wicks
Criteria for new LLC
For protection purposes, we've created a LLC and had properties transferred into them. But since we've grown, I'm feel I should create a 2nd LLC and put half of the properties in the 2nd one. Does anyone have a rule...
Donna Talley
Disposition of Deposit
7 days ago we had to send a Notice to Pay or Quit. Tenants have till Friday, August 18 to pay two months rent or be evicted with a move out date of September 16. My question is...if they are being evicted are we requi...