I am currently in escrow for my first multifamily and would like some advice for analyzing the rent roll data for the property. In looking at previous posts on the topic some investors were unaware of what the rent ro...
I'm currently living in a single family house hack that I plan on turning into a long term rental. I've thought about installing a turf lawn to reduce maintenance and increase curb appeal, but they are not cheap to i...
Hi,
I'm not sure if anyone else is going through this in Los Angeles/Moreno Valley so I'm reaching out if this is normal. I have a 2000 sqft home with 5 rooms that's currently being rented out by tenants. Utilities a...
I just sent in a LOI (Letter of intent) on the purchase of a twelve unit apartment building using Owner financing. Basically I will be able to take possession of the property for his cost of commisions and any clos...
A tenant with an existing lease has approached me requesting to have an additional person move in and live in his two bedroom apartment. I pay for water and heat so I said that I would agree to it provided I get an a...
Hey all - For those of you self-managing your STRs, what kind of automations are you currently using to make life easier? My List:- Auto Generated Smart Lock Codes (built-in integration through channel manager) - Set ...
I am about to purchase my first small multifamily (5-unit) property and plan on initially managing it myself. I have some practical questions:1) How often do you clean the common areas?2) How often do you do pest cont...
I was curious if any folks who flip houses in the north have considered incorporating solar panels and / or heat pump technologies such as geothermal or air-source in their rehabs. To install solar panels and a geoth...
Hello everyone!I am closing on a 20 unit building and my goal is to make it as "green" as possible. It currently has 7 vacant units, it is a 1928 brick building with a flat roof. So, I am looking for any and all of th...
I am currently looking to buy a 6 unit building and have been visiting properties for inspection. Every time I visit a property and inspect the furnace, I find the furnace and its piping overwhelming and confusing. Is...