I am a teacher so I'm off work for the summer, and I'm focusing 100 percent on growing our REI business.I got two off-market houses under contract last week -- a fix and hold, and a potentially lucrative flip. Great n...
It should come as no surprise that on July 9, 2020, the day before the July 10 end of Pennsylvania's eviction moratorium, Governor Wolf has EXTENDED the time a landlord must endure lack of rent without any legal recou...
Hi everyone,My first tenant, who was a complete pain in the neck, decided to take my incentive and move out early. I got a bottle of champagne and had a little party to celebrate... seriously, I did.The problem is th...
There are a lot of questions about whether or not MFM is a scam. The definition of a scam is a deceptive scheme, act, or operation. From this definition and my experience with the Multifamily Mindset and their employe...
I purchased a property in Miami Dade a few years back. A year after owning it, a new tenant moved in and when she tried to turn the water service on, she was told there was a lien for unpaid water. The water company w...
According to statistics, 60 million people in the US live in condos, that's around 20% of the population. Many people here on BP seem to be anti-condo. And there are cautionary notes about condos that don't apply to...
How do you assess the dollar value for damages on items that are not easy to repair but still have useful life and aren't due for replacement? I'm not talking about normal wear and tear. I'm talking about obviou...
Hello everyone, I am new to BP and new to real estate (sort of). My name is Nicole Brodahl (my profile is incorrect - not sure how to fix.)I have a very long winded statement/question. Looking for any tips, advice, re...
This summer in the middle of the heatwave, the AC went out on our rental. It took four different technicians and about 5 weeks to finally fix it fully. It would work for a little then go out again. The tenants have b...
I have a tenant that has been paying rent late for the last 6 months. Rent comes in anywhere between the 15th until almost the end of the month. Is it typical for property managers to keep the late charge collected? ...