Property uninhabitable due to tenant negligence. Tenant left heat off while on vacation causing broken pipes and property to be flooded for 1-5 days based on when event was discovered by landlord. No answer yet if la...
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Do most landlords recharge for the water or just bake it into the rent? I know to keep trash and water in my name to not risk getting a lien placed on the property but wasn't sure what the norm is in terms of rechargi...
I run a mix use building with residential on upper floors, retail stores on 2nd and offices on 3rd and 4th. Currently the building is open to the public on weekdays and Locked at night and on weekends. I am planning t...
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Hi,Long story short is I am allowing my neighbor to connect to my sewer line which I installed when I built a new home and was forced to put connections in for the other 2 neighbors since they both have a septic and I...
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I found a duplex and on Zillow it is valued at $550K. One unit needs a lot of works I am guessing arouns $50K. I think I can purchase the property between $350K-$375K. Would I want to arrange to do the rehab work bef...
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Hello, A water pipe broke and caused flooding. Tenants will be out of apartment for 2-3 weeks. Tenants have put a stop payment on check and said they will prorate for when it is complete. Will landlord policy insur...
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One of my duplexes caught fire today. The resident called and of course was shaken but everyone was ok, thank goodness. I'm starting this post to walk through the entire experience and hopefully some fellow investors ...
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Hello!
Wondering if I can get clarity on the following insurance questions for commercial property with NNN leases.
1) Tenant - must purchase commercial general liability insurance for building naming the landlord a...
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I am considering a possible deal on a FSBO triplex and possibly offering a package deal including a duplex as well. These are in South Dakota. I live in Portland, OR but it's close to impossible to find cash-flowing d...
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Hey Guys! I am looking to purchase an 8 unit mixed use property. It has 4, 2 bed 1 bath apartments and 4 commercial store fronts. The property has a 16% cap rate!! I was wondering if anyone has ever used a private le...