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First time landlord to be. I'm looking to forecast and budget for 1) capital expenses relating to big ticket items (roof, hvac, appliances, unforeseen etc.) and 2) ongoing repair and maintenance costs. I've searched t...
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Anyone here can tell me what are some common challenges one may face when starting a house hacking or coliving property, and how can they be overcome? Thank you!
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Hi All,have a 4 plex in a Columbus Ohio, all two bed one bath. The current tenant in one of the units has bought new appliances and wants me to remove them. I use a property manager and they gave me the message that...
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I am evaluating a 75 unit apartment complex (2 buildings) with 2 boilers that heat the units. The owners currently pays gas bills and the expenses are very high. I am considering converting the units to individual fur...
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To be honest, I'm not even sure if you can carry an annual warranty policy on rentals, but is this an avenue anyone utilizes? The benefits would certainly be to stabilize fluctuations in maintenance costs and to stre...
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I have just replaced carpet and pad in bedrooms of a SFR that had pet damage. Before replacing it I had it cleaned professionally but odor remained. Carpet is two years old and tenants lived in house for 14 months. I...
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With the number of member on Bigger Pockets growing by leaps and bounds on a daily basis, I was wondering if somehow we might be able to utilize this growth in members and translate it into buying power. Perhaps w...
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My tenant told me they saw a roach (1 roach) in the house the other day. He didn't seem really upset about it, but it got me thinking...should I have a pest control company come out quarterly to spray or should that b...
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Hello, I have an issue with a tenant, and I am new to managing properties, so I could use a little advice. I recently rented a newly rehabbed home in a nice area here in Iowa for $1400/mo. The house is in nice shape...
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Short Sales Plan closer to finalization
According to a US Treasury spokeswoman, The Treasury will soon finalize the long awaited plan to expand its incentives for mortgage companies to use "short sales" as a way to s...