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first - the title is wrong: there's 12 doors, 8 buildings.next - i've run the numbers at current rent roll and estimated repairs plus cushion (because, really, how often does a rehab exactly match estimate at purchase...
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I’ve got a property under contract for $161k in a strong rental market. It’s a ranch, with a full/ partially finished basement. I’m going to turn the basement into a second unit. The house was built in the 50’s and ha...
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I live out of state and do not use a property manager for this property in particular (I use PM on other properties, just doing a trial of no PM).. I have a tenant who has mentioned a foul odor coming from under the h...
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How many of you keep an operating budget for your rentals? As crazy as it sounds, I just realized I don’t often consciously budget future expenses. I often do look backs to see what my actual expenses are and keep in ...
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[b][u]About landlords and tenants. How to spot some potential problems.
Only real life examples, I hope they would be helpful for potential renters and their friends, relatives/parents.
Landlord greet potential ten...
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I have a tenant on a month to month lease and on June 26 I advised the tenant that I would like them to sign a year lease and rent would be increasing effective 8/1. The tenants texted me stating "I will be giving a 3...
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I’m looking for advice/guidance regarding a 10 unit manufactured home deal, on a 0.39 acre lot in FL. These are three modified double wides. Here are the numbers I have so far:
Purchase price: $191k
Rent: 8 unit...
I am glad to have found this valuable real estate investing forum, I am novice and willing to learn by reading and following advice from the members who have been in my position. I thank you all.
Searching online, I f...
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Is it possible to manage an out-of-state short term rental without a property manager? I don't want to spend a lot of $$ in property management. What are the challenges and how do I overcome those challenges? Any...
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There are literally hundreds and hundreds of clauses that you can find throughout BiggerPockets that people add to their leases. However, in all my searching, I wasn't able to find one single source that lists all ...