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This might be a pretty unique question, but since I know there are several people who started their RE journeys buying a MF house and living in one of the units, I'm hoping there might be someone who can shed some ...
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Got a call from a tenant telling me that a blade on her ceiling fan flew off and almost hit her. I apologized but went silent when she said she wanted to be compensated for the mishap. I told her we would talk about i...
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Tenants have been in my rental since February with their dog and they pay $50 month extra as a pet fee. In NJ I cannot accept a pet deposit and security deposit so I decided to add the monthly pet fee. The dog died...
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Everything that has been happening lately has really opened my eyes to the reality of the world we live in. Being a landlord now I feel that it is my responsibility to help build our communities and stop the hate. I’v...
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Hello
I am tired of hearing and reading about stimulus checks and all sorts of assistance for tenants (especially deadbeats who are collecting all the stimulus and funds but not paying rent to their landlords). Do sm...
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I'm trying to work some numbers on a potential purchase. Now I realize this will be very specific to the location/property/price/marketing/etc but what would be an occupancy number you'd put on an Airbnb type rental? ...
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Before we took control of our own acquisition one of our earlier suppliers was Memphis Investment Houses and their property management company owned by Terry Brown. Terry appears to have skipped to Chicago, (accord...
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Hi Everyone!
I have a 5800sq ft, 4 unit apartment building in New Brunswick, Canada that I bought a couple of years ago. The building is quite old and has lots of old/dated wiring that has made it un-rentable until i...
Hey All,I have a property in Memphis Tennessee that I am looking to purchase. It is 168 units. I negotiated with the seller and he agreed to do the sale for 450 thousand dollars cash. My goal is to have the apartment ...
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Thoughts about purchasing a brand new home that doesn't meet the 1% rule.
It's near a new elementary in a growing area outside of Austin. 205k, 3/2, rent is about 1500 in the area. It will be my first rental which is...