Mark Beekman
How much net profit to be worth it?
An 8 unit rental building for $255,000. Mortgage is $1600/month. Taking into consideration any repairs, maintenance, and unexpected vacancies, what would I need to be netting from rentals each month in order for the d...
Navid A.
First 8 unit multifamily property, good deal?
Good evening BP!Came across an 8 unit property and I'm really close to pulling the trigger on my first multifamily deal, but before I do...thought it would be best to check in with my favorite online community. Any su...
Eric Goodman
Vacasa feedback and other options?
We recently signed up for Vacasa for what we were hoping would be a turnkey type approach to managing a new Short Term Rental. The communication has been terrible and part of it may be their ongoing turnover of the l...
Kar Sun
Tenant damage and ordinary wear and tear
My tenant signed a contact that clearly states that when he moves out the property must be in the same or better condition as at the time he moved in normal wear and tear excepted.
He mounted a TV and when the mount...
Adam Worth
Why Electric Ranges Over Gas???
I've often wondered why almost ALL apartments, Duplexes and just about any residential rental real estate including new homes all have electric ranges.
I'm a BIG fan of gas ranges as are most home cooks and professio...
Christopher Hui
Putting my first offer for 3-Unit Property! Advice Needed
Hey BP! It's been almost a month since I've first joined the community and started to learn about the business. I've been researching multiple multi-family properties, typically triplexes, and one just came on the mar...
Martin Potokar
Triple Net Lease - A Commercial Property Inspector's Perspective
IntroductionWhile Triple Net Leases continue to gain popularity over the years in more ways than one, especially when it comes to placing responsibility for the cost of maintenance and repairs on the tenant in additio...
Christian Hutchinson
Tenants threatening to rent strike
I have a MFH housing unit. Two units share a washer and dryer. Both tenants moved in within 2 weeks of each other. The Washer and Dryer were purchased brand new in August 2019. The washer and dryer were delivered t...
Benjamin West
AirBnB Stay Tax Deductible?
I currently have an operating AirBnB in Colorado and looking to do a vacation this winter, staying in some AirBnBs while on the trip. Is it legitimate to write off the cost of the travel and accommodation as business...
Account Closed
Should I Make the Repair?
I have a jacuzzi tub and shower in the master bedroom of one of my SFH rentals. I forgot to check the jacuzzi tub before renting it out recently and now the new tenant is asking me to repair the the tub (the shower wo...