Stumbled on this service, which appears to be an interesting business model in itself and got me thinking about how this might work for convenience items such as toothbrushes, deodorants, or other items that are not n...
Just purchased a 4plex, property has some deferred maintenance. We have washer/dryer hookups in the basement that our tenant uses with her own machines. Last week she told us that the washer broke and she purchased a ...
A tenant who lived in a single family home in South St Louis City moved out in early October while owing, by the most generous estimate, $2,725. She also left a huge amount of items behind, which cost me over $700 to ...
Hello, I've searched a few of the threads in here, but I haven't quite found anything to answer my question fully. So, I'd like to propose a scenario here:Property purchased for $1,000,000. $50,000 in depreciation t...
Hi, has anyone here invested with or can refer any good options for mobile home park syndications for non accredited investors? I've been interested in getting in to this space. Thanks,Tony
Hi,How would you estimate security deposit deduction if a tenant broke almost all shelves, bins, and drawers in a high end fridge? The fridge was bough approx 5 years ago for ~$2K and unfortunately neither manufacture...
Hello Everyone, I'm new to MFH and would like to ask for help analyzing the deal below for a buy and hold. For one I'm not absolutely sure this is all the data needed to decision on this deal, and also I'd like to k...
Hi All, After researching and biggerpocketing for about 6 months I'm closer than ever to taking my first step. I have a list of several houses I found on RedFin and have an agent lined up to show me this weekend. De...
Whats your position? Replace things before they break (proactive) or don't fix what's not broken (reactive)? Also, when do you know if something is nearing end of life? What's your average life span for the following:...
Hello all,We are working on acquiring a 74 unit property at this time and am curious on how your property management is set up. A couple quotes we've received are PM fees of 5% and 6%, respectively, for off-site manag...