Matthew Utt
Im lost and don't know what to do
I have made a big mistake and i think my mentor is trying to take advantage of my situation. I am new very small with only 3 units and only one unit occupied and the and nother 1 occupied but has not paid since July a...
Edgar Perez
Quadplex Winter guidelines for tenants?
Hi there,
I am in Wisconsin and have a Quad where I'd like to set some guidelines specific to winter for the tenants.
Some details:
2Upper/2lower, (2)studios/(2)1bed
each lower has control of thermostat for both...
Patryk Prokopiuk
Seller refusing to negotiate reasonable terms
I am buying a duplex, the seller (or should i say their agent that they communicate through) has been very aggressive, requesting “best and highest” offers from everyone at first. I won’t go into details but we are in...
Henry Clark
Self Storage- Building Cost increases
Just got our latest estimate for our Phase 2 of a location. This is for your normal drive up units. Last fall Phase 1 we were $3,200 erected for 10 x 15 or 10 x 20. This was contracted around February of last year. La...
Damon Raynor
Filtering tenant requests: what’s necessary/what’s not
Hi! I’m new to being a landlord. I purchased a duplex with an existing tenant. That tenant is requesting a number of things that I am trying to determine if they are my duty as landlord to address immediately or if th...
Lenny B.
Should husband & wife investors form an LLC?
Hello, my wife and I are beginner RE investor, we just bought our first duplex in Sacramento this year (with existing tenants). We are planning to buy another duplex this year, and maybe more properties in the years t...
Cody Barna
Student Rental VS Traditional Rental
Hi Everyone,I'm new to the investing side of real estate and have been actively looking for a rental property. I have narrowed my search criteria down to small multi-families (4 units or less) for under $200k. I live ...
Todd English
Main water line to house is broken
Good morning BP! So, we're working on a rehab HUD foreclosure in Duluth, MN. We've recently closed and discovered the water main from the street to the house is broken and needs repair/replacing. Anyone tackled thi...
Account Closed
Where does everyone buy their buidling materials for your flips?
I was jsu wondering where does everyone buy their materials for their flips? I am based out of Chicago/Northwest Indiana area and I have found some places to get some really great deals and other places I have paid...
Nick Miller
What do you do to minimize tenant turnover?
When buying a property I always calculate 10-15% for delinquency and vacancies. With my portfolio this is a conservative average however I have a fourplex with small one bedroom units that seems to take a long tim...