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Just wondering what the consensus is on tenants who run a business from my rental. I think they should pay some percentage of rent since they are using a residence as a commercial entity. what do you think or have you...
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This post is more to organize my thoughts and collect feedback on the direction others might take. Here goes some background information.My rental in Des Moines failed the rental inspection for the following reasons. ...
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The BRRRR method: Buy, Rehab, Rent, Refinance then Repeat.
This investment strategy attempts to maximize return while deploying the least amount of capital. The idea is simple, put as little down as possible in orde...
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I purchased a duplex earlier this year in a B-class neighborhood. There is a wood burning fireplace in each unit, but after having them inspected, neither are safe to use and need a total of about $1,500 to bring them...
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Hi BP,I purchased an older (circa 1930) multi-unit building in Pennsylvania. I inherited 3 sets of tenants under conditions that were concerning at the sale (i.e. no leases or rental history), but I understood that t...
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This occurred on Sunday. Thankfully not at one of our properties, but one about three hundred yards away. A heavier gentleman was apparently walking up the stairs to his cabin, a step gave way and snapped, and his l...
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I'm looking at buying a home in Brownstown Township. I have 1 rental that was my primary and converted into a rental when I moved in December 2010. Apparently Woodhaven instituted a certificate of occupancy in April...
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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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We have a 70 unit senior building that we have owned for the last 20 years. These are all low income and about 20 have section 8 assistance. Rents are low. I would have to say we have not done a great job managing the...