When buying a multifamily with a du diligence period, what is your list of things you are looking for, verifying, double checking and other?Getting close to making an offer, the selling agent said owner wants to know ...

I just finished my 2013 numbers and am once again amazed at the validity of the 50% rule. Here are my numbers for the past several years. The number of units is the average units held throughout the year. To be cle...

Hi, I'm a soon-to-be host and I am wondering how others deal with refills on items that were stocked when the guest arrived. Things like coffee, tea, bottled water (our tap water is really hard and tastes gross), as w...

I am about to close on a property to flip. The homeowner lost her husband and just wanted out of the property. She is overwhelmed with the situation so I told her to just take her valuables and leave the rest of the g...

Hey there!I am an experienced Airbnb host but I'd like to transition into MTRs off of Airbnb. I'm curious what others are including in their lease compared to a LTR. How do you account for all the furniture, linen, ki...

I had a broken dryer in a unit that caused some burning to clothes.  Had the the dryer fixed which took about three weeks. After that was done, I told my tenants that I would credit their rent for money spent on laund...

Congratulations! You’ve found yourself a contractor to do the work on your flip. Now your work really begins! Because every contractor, as good as they may be, they will still require active management. To begin with,...

I have 7 rentals currently and it seems that every month i have requests to fix items concerning toilets, faucets, sinks all water related items.  Are tenants typically that rough on these items.  I typically don't in...

Hey all,I am currently looking at a couple of MHPs and one mentions in the OM that the "owner requires tenants to maintain and insurance the septic system?" I've always looked for public water/sewer (just to avoid hea...

Newish landlord here.  I have a couple items that need fixing at a property I'm managing myself and I'm wondering about the tax implications since they are higher ticket items.Item #1:  The drivewayI got cited for a c...