Hello,The weather outside my rental unit is 61F and my tenant has already started running his centralized AC perhaps he thinks we have already hit the summer. Is this normal? I am bit worried there may be adverse effe...
Plumbing problems make me crazy! I'm sure I'm not alone in that regard. Pin hole leak in main line discovered last night. Plumber there at 10:30 pm, put a simple patch on it, turned off water to 20 units and said he w...
Long post warning!!
While there are plenty of success stories, everyone likes to hear about the struggles especially when its not them. Here is my tale
It begins pleasantly enough August 3rd. My husband's aunt had...
I just bought a 4 plex that is old but in pretty good condition for a C+ neighborhood. I know that the rents are lower than what I could probably get, but I have decent tenants in place since before I purchased the p...
Hi All! Looking for some advice on whether I should let tenant out of lease early. I got an email from my property manager today which has a couple emails between her and the tenant I have on the first floor. This ten...
I'm renting out my townhome for section 8 for the first time.When the previous (non-section 8) tenant occupied, I received a fine for a tall grass violation (the tenant did not own a lawn mower and I did not hire enou...
As a new investor, I am leaning toward the BRRRR strategy. However, I'm having trouble rectifying the third R with cash flow goals as part of this strategy. If I purchase a property that appears it will offer me a ca...
Hey everyone,I am searching for a small multifamily property (most likely a duplex) in South Jersey. I am going to look at three properties tomorrow with my agent. I am crunching the numbers and determining at what ...
What type of policy do you all use for a rental property? Replacement cost or actual cash value? And why?
Also, how much do you pay monthly for insurance (I'm in Indiana)?
Say, I purchase a small distressed apartment complex for 500k that is valued at 600k. I renovate the apartment using an equity line (Is this a good idea, in terms of the source of funds?) My goal is to renovate the ap...