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Are people having hard time finding quality tenants ? I have a place sitting in the market for over 60 days now, that is fairly priced, but there has been absolutely no interest. Is it that there is huge inventory of...
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so here is my 1st deal, please let me know your thoughts.4 unit multi, 3, 2 bedroom 1 bath apartments that currently rent for $600, and a detached 3 bed 2 bath SFH that is rented for $985.There is coin op laundry on g...
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Hello BP!I am in the middle of a bathroom renovation where we are relocating the tub and vanity. The place where we are putting the new right drain tub is very uneven. The left side of the tub is 1-3/8" lower than i...
Hello,Thank you in advance for the support this community offers to new investors such as myself.We purchased a 8-unit multi-family property in Q4-2019. During the purchase process, we only got access to 2 units for i...
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I have a signed contract which is set to close on Friday the 14th, however, my lender fell through. Is there anywhere I can find a hard money lender or private lender that would be able to close by then?
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So, I have a triplex rental property in Keene, New Hampshire that has a unit on each floor. I got woken up at 3:30 am this morning by a phone call from the second floor tenant. Apparently the 3rd floor tenant left the...
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Hello,We manage a ~300 unit apartment community in Birmingham Alabama. We purchased the property in Oct 2019 and the average water bill for previous ownership was roughly $24K per month or $90 per door. Since then, ou...
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I have a tenant that is 6 months into a 1 year lease and has joined the military. They will be leaving for basic training that will last up to 10 weeks and would like to keep the apartment. How would you best handle ...
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Hello BP Members,
I am under a contract for a 8 unit building came on MLS few days back and was hoping to get your opinion on few technical/diligence things given the communities vast experience in investing in mult...
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I am curious, fellow landlords or PM, what is your response time to a tenant complaint?I know it's not cut and dry, and definitely depends on the nature of the problems.I would think a water line break or sewage backu...