As the title says, the moving company damaged some flooring when my tenant moved in. I hired the contractor for the repair because that seemed to be the best way to ensure things are repaired to my standards, and usin...
We’re just starting out investing in multifamily. Would it be crazy to assume that anything that could go wrong on our first deal, can be avoided if we recognize it? This may be anecdotal evidence, but what went wrong...
Hello, I have a question about the procedure for rent increase. Since l had to increase rent for a tenant, l first talked about it via phone and text message (it’s very difficult to communicate with them via email), t...
I just received word that Fannie and Freddie are increasing their standards for secondary home purchases. I was looking to jump into long distant investing in several months and was curious how I could counter this. D...
Hi Friends, I recently got my first rental. now I have liabilty for it, but should i place it under an umbrella coverage? what do you guys think?
i was watching a video on youtube about purchasing multifamily properties and posed a question. The instructor mentioned that increasing the NOI i.e. rents in a four unit or less property doesn't increase the value, B...
Hi all - I own and manage three duplexes in the Boston area (Medford). I have been cautious about raising rents as I try to maintain goodwill with the tenants. It's been less of an issue with my first two properties w...
Has anyone added a tenant to an existing lease? If so did you raise the rent? By how much? Or kept rent the same? Added new terms and conditions?my tenant wants to add the significant other to the lease. I think they ...
I currently have my duplex listed on multiple sights and it has been for about a month now. I have had some leads but most of them were either section 8 or did not meet one or more of my minimum requirements. I recent...
Greetings! I am in the process of completing my first purchase in Chicago and was wondering if these numbers look fairly standard for title co fees. This doesn't include all the loan fees that will be coming later. Th...