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Greetings all,I recently closed a deal on my first multi-family apartment complex (18 townhouse, 1 single family). I have a resident manager in place from the former owner that I'm inclined to leave in place as he see...
Does anybody know if it is legal to make tenants pay the monthly solar panel lease fee and what the solar company is charging for the electricity generated? The lease that the property manager set up, that the tenants...
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So a friend mine was approached to sell his auto body business along with the property and building. He has owned it for about 32 years and the offer is very attractive so he has been considering it as he had previous...
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Hi, we had our HVAC go out just a few days before finishing our rental. The warranty company denied our claim because they said corrosion in the coil caused leakage which isn’t covered. They didn’t mention anything ab...
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Curious if people have any experience adding solar power (or even house geothermal systems) to properties and what you did to justify the expenses. Generally I feel like it would raise interest and could justify highe...
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Hello BP,Thanks in advance for the advice. This has likely been discussed many times however I am sure this changes from time to time. I have 2.8 acres of vacant land. I would like to do a cash-out refi on the propert...
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looking to further educate myself in the real estate world and begin my flipping career. I'm a railroader at nite and small handyman maintenance owner by day. @ 1st look maintenance service. I am looking for other in...
Tenant called me on Saturday saying the bathroom light wasn't turning on. Went on Sunday to check it out. Turns out it was a bad light switch.. YES, A BAD LIGHT SWITCH! How often does that happen?!? Anyway, on my w...
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I know that I should let this thought go because outsourcing saves so much time and effort but every time I pull the report for how much we spend on direct mail marketing it blows me away. We could have purchased a re...
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I have a guy who has a house listed at 180k and comparables have sold for 245-265k. The guys reasons for selling are a divorce. I can make an all cash offer and quick closing. I was thinking of offering 160 or 165k wi...