Piper D.
Shift responsibility for appliance repair to tenants?
I have tenants in my SFH rental who have been there a little over a year. About 4 months into their tenancy, the gas dryer I supplied quit working. It was 7 years old and I couldn’t get a replacement part, so I purc...
Liam Martin Ruane
All my applicants want to sublease through AirBnB etc
So I am in the process of finding a tenant for my first rental (a townhome in Houston with no HOA). Many of the inquiries that we get are from people looking to lease and then re-list on airbnb or VRBO etc. I have lis...
Joshua Fletcherr
Dump my agent?
BP how goes it?
I'm currently on the prow for my first SFH (long term intentions in mind). I'll be buying in the Wayne/Westland area of Michigan.
According to my agent, as well as a co...
Chad Eatinger
House Hacking a Multifamily in Brooklyn? Possible to break even?
Hi everyone,I am going to be moving to New York with my family next year for grad school, targeting to live in Brooklyn/Queens, and hopefully within a reasonable commute distance (30-45 mins public transit) to Manhatt...
David Kenny
First deal under contract!! Any last minute tips?
Hi everybody,I have listened to almost all of the podcasts and have wanted to invest in a rental property for the past year.. I have been patiently waiting for a property to fit my criteria, which has been difficult i...
Mike McKinzie
Fudging the 2% and 50% rule
As has been discussed quite heavily on these forums, as investors, we look to 'gross' 2%+ of the purchase price and expect 50% of the rent to pay for all expenses except the financing.
Do any of you 'fudge' on these ...
Christopher J Woodland
How to estimate rehab costs prior to purchase or offer
So, I am looking at doing my first rehab. Are there any tips for estimating how much the rehab will cost? Would it be frowned upon by the seller to get some contractors out to take a look at it and provide estimates b...
Mark Forest
House not renting
It has been cold here in Michigan, but I have had an unusually small amount of inquires on this house. Are any of you having better luck? Here is my ad: http://www.zillow.com/homes/for_rent/Burton-MI/house,condo,ap...
Joe Splitrock
How Do I Collect From an Ex-Tenant
I have a tenant that left last October after being in the property for 5 years and there was damage in the property. I was very reasonable about assessing damage and made sure to prorate everything based on useful lif...
Christine Swaidan
Would you raise the rent?
Tenants have been in place for 7 years and for the most part have been good with regard to paying and following rules. I raised the rent one year ago by $100. (First increase.) Still below market but it's a big place ...