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Good day, and Happy New Year to you all!My wife and I own 48 units. We are 4-5 years away from "retirement" which for us means doing alot of traveling. We've toyed with the idea of selling, and have even setup a websi...
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I have some garden level apartments that have a cement slab at the bottom of the exterior stairs with a drain hole in them. The drains are not tied into a pipe system from what we can tell. It appears to be one of th...
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I often use BP to either post about the worst tenants or read other landlord bad tenant stories. It really helps prevent me from getting overwhelmed or over frustrated. Keeps things in perspective and makes it easier ...
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Trying to purchase 2B/2B apartment ($45,000 with cash) and the area rent-to-price ratio is favorable.It can generate $300 cash flow per month after calculating all expenses( HOA: $170 per month, vacancy 8%, management...
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Thinking of doing my 1st lease option. What I like about this strategy is that the tenant/buyer takes care of the property. I do not have to worry about clogged toilets, but what about big repairs? if the furnace die...
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I've noticed that many of the seasoned operators on this forum have between 5-10 STRs. @Paul Sandhu notably has 23, and 83 bedrooms (I think?). Is the # of doors a fair assessment, and if so, why not scale further? I'...
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BPersNeed a quick adviceI am in contract for a 1920s SFH in 44111 zip code. It is around 117th and about 10 avenues south of Lorain ave (south of Thrush ave) . The price point is 45k. It is a well maintained 3/2 and I...
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Hello everyone,I own a 4-plex and have run it for 3 years now with success. Recently I ran into an issue with a tenant. She had a leak under her sink and was unaware how to shut the water off. I was able to get to ...
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I'm not sure where to place this post, so if it needs to move please let me now. I just purchased a property and we had some heavy rains in the area, and it looks like the water is flowing off other property next door...
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Hi All,I am a rookie looking to purchase my first house hack. I found a 1940s duplex that I love the numbers of. However, I know foundational issues are key to check out before purchasing. Here you see some brick of t...