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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 have a pair of duplexes. In Pennsylvania if that matters. One causes no problems. In the other, the downstairs guy is shaky but at least he tries to keep his rent paid. The upstairs guy, who I'll refer to as "Uu...
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About two weeks ago we bought a house. Knowing it was full of trash and has been empty a while. We got a good deal on the house, but knew it would take alot of work. It is in a rental neighborhood. This is a 900 sq ft...
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I have a problematic tenant that was inherited.He pays one month's rent every 3 months or so... When I bother him enough. He owes me now about 6 months. In California, our wonderful Gobernador enacted a Pandemic evict...
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Hi, I'm Florent from Toronto, Ontario.Newbie at investing in general, I have decided to start looking into it a few months ago and I am now ready to make a move.I currently work a full time job as an engineer and I wo...
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I've read and listened to several stories of landlords just forgoing the traditional security deposit altogether. They claim the hassle and potential legal troubles are just not worth it to them. As a new landlord, th...
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I read this article the other day and thought the different perspectives were interesting: Ray Dalio warns 'cash is trash' as Warren Buffett sits on $128 billion.
As the title of the article suggests, you basically h...
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Hi,
I am interested in a 4-plex that is right across the street from one of my other rentals and in a very good rental area. Here are the numbers:
Purchase price: $340K
Downpayment: 20% (68K)
Monthly mortgage payme...
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My dumpster arrived a few days ago and i've had a few issues.In Colorado, garbage services do not want to take construction waste or many other things that you would expect a garbage company to take. So people get tem...
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Is anyone familiar with an insurance product that covers damages created by a tenant?
For example, if I need to evict my tenant and he trashes the house situation - i'm looking for such coverage.
Anyone?