Garrett Dilley
Alternatives to Installing Central Air Conditioning
Since it was -10 here yesterday I figured what better time to ask a question of you all regarding AC :). consider it planning ahead.We have a SFH in the Highlands neighborhood (what has become a more upscale area) in...
Mark Goodman
Converting a 3 unit into a 6 unit in Chicago. Costs?
I am looking at a very old 3 unit building in Chicago. It's zoned as a 6 unit and sits on two Chicago lots. I am expecting a full gut rehab here. I think the structure is sound, roof sound, windows okay and brickwork ...
Kevin Paglia
When to get a property manager
One of my big concerns is what I DON'T know before buying my first property (every day is a day closer to freedom thru real estate). I think about getting a property management company from the get go, before I even ...
Nick Brubaker
HVAC dilemma - AC is out and so is my guy
Hello all,
I have a rental property at which the tenant just told me the AC is no longer working. The problem is the guy who installed the condenser and warranted it and who would give me the best price is out of to...
Matt Kowske
How to divide water bill fairly
I have been told that sub-metering this building is not a possibility (without spending ALOT of money to redo the plumbing). Currently, we divide the water bill among all the units every 6 months and bill the tenants....
Amanda Thompson
Changed my mind about applicants... legally ok?
What risks should I be considering, from a legal standpoint, about changing my mind about offering a lease? I doubt any discrimination laws apply... and how would you let them know you no longer want to offer them a l...
Sharad M.
Big snowstorm hitting Midwest..Anything you guys would to prepare for it?
So there's supposed to be a massive snowstorm in Midwest over next couple of days. Up to 18 inches of snow. Do you guys do anything to prepare your rental properties for a snowstorm like this? Anything you guys tell y...
Mark Oliver
Broken lock - who should pay?
My new tenants moved in 5 days ago. On the first day, they said the AC was not working well enough. On the 3rd day, they said there was an electrical issue (when the light switch in the bedroom is turned off all the e...
Lisa Kattenhorn
Bad idea to buy a historic multifamily?
Hi everyone! Any advice would be appreciated. I currently have a 4 unit under contract in Worcester County, MA, that was built in the 1760s. The units are laid out quite well and the house seems quite structurally...
Michael Barnes
Best age of home for rental properties? What is too old?
How old of a house is good to buy as a rental property? From your experiences how old is too old to not have excessive repairs or other problems? What property ages have worked well for you?I am asking as someone in...