I have agreed to buy my first SFH investment property from a TK (turnkey) and just received the inspection report. The SFH is 60 years old but was represented as being "fully rehabbed". The inspection report is con...

We are in the early stages of developing a budget to purchase a 2/3-unit MF in Chicago (Andersonville/Edgewater). Does anyone have any insights on how much we should budget for cosmetic rehab (i.e kitchen/bathroom upg...

I am a handyman for a family owned mini-storage and multi-family rental business. Their father purchased mostly lower quality homes and filled them with mostly lower quality renters. Approx 30 properties in Texas. Aft...

A lot of what I'm reading says the quality of your tenants is directly related to the quality of your house. Just curious what people think about buying lower quality properties? There's one I'm looking at that is...

From what I've read and heard (and from common sense) it seems there is an inverse relationship between the quality of tenant and typical repair/turnover costs. Higher quality tenants tend to do less damage to a prope...

Hello - the tenant broke the kitchen cabinet door (the door came off completely).  The cabinet was less than 3yrs old.  I initially paid for repair but the repair job was not good at all - this was a lazy Susan cabine...

Failure to Properly Screen Tenants
To secure quality tenants, a rigorous screening process is necessary. Obtaining a credit history is important, but so is getting references from employers and previous landlords. Pr...

Hi All! Is it better to get a credit for repairs or reduction in sale price? My thinking is that it'll be less closing costs (because the purchase price is reduced), payments may be lower overall if I ask for a reduct...

I have a SFR in Hillsboro area. The property is being managed by a property management company. For the most part, I am satisfied with their management: they have placed high-quality tenants who have paid rent on time...

Hi all, Recently my SF rental property had some pipes freeze and burst, causing a considerable amount of water damage to the house. After moving the tenant out, the property manager repaired the damage, and in the pro...