David P.
Should I charge for pets
It's been about a year since I have purchased my 1st rental property with existing tenants. tenant has 2 small dogs.. I didn't charged for having them but now I'm reconsidered to charge a monthly fee they do pick up a...
Owen Dashner
Repair/Cleaning Cost Sheet for Tenant move-outs
Does anyone have a document they provide to tenants that outlines the common turnover repair and cleaning costs that, if necessary, will be deducted from their security deposit?Example: - Clean dirty fridge: $50- Repl...
Yusuf Muhamad
Sandwich Leasing: What to say to Motivated Seller
How do you explain to the seller why a lease option would benefit them and why they should allow you to sublease, do you be upfront with them and tell them you are going to sandwich lease. I understand how to get a Sa...
Sarah Msuya
Actual Cash Value v. Functional Replacement Cost Insurance?
Hello everyone,
I am under contract on my first long term buy and hold rental. It is a 4BD/1.5BR SFH in Auburn Maine. I am paying $113,000 and will be replacing the roof on it this spring. Everything is currently fu...
Nathan Fisher
Advice needed- Insurance Company Temporary Housing
Anybody ever done temporary housing for insurance companies? How was your experience? Would you do it again?
How much extra did they offer for rent?
Is focusing on housing for insurance companies a viable model?
Robleh Nur
My First Investment Deal
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $1,500
Cash invested: $1,500
This was a SFH that burned down. In return bought the lot $1,500 and will develop a SF...
Karim Elsayed
New to the Real estate game in New Jersey
Hello BP members I’m new to the real estate game in NJ, I’m looking for any advice on how to get started and anything I should be aware of specific to NJ. A little background on me I have a day job as an ER nurse, mar...
Ben Staples
High efficiency boiler in a triplex?
I have a three unit buy and hold property in Malden Massachusetts that has a separate gas fuel forced hot water boiler for each unit. The boiler in unit 2 needs to be replaced. The state of Massachusetts offers 7 year...
Jason Schmidt
Quickest way to build wealth?
I am considering stopping paying extra money on my own home, and putting it toward real estate. I think that I will have about $50,000 in savings to mess with in the next few months if I stop paying extra toward the ...
Kyle Mccaw
Interviewing Potential Property Managers - Important Questions
On a weekly basis we come across landlords that have been burned by poor actors in the property management space.
When you are interviewing potential property managers, it’s important to ask the right questions. Find...