Mary Jay
What am I doing wrong?
Ive been a landlord for about 18 years... Normally, if a tenant moves out it cost me under $600 to clean/paint, etc regardless of the area... Lately things have been very different... The last couple of tenants who mo...
Edita D.
good lease: what should be included?
Hey Guys,
I reviewed the lease (created by our property management) for our tenants, and I feel like we, the landlords, are not protected enough on that lease. for example, I would want to add an addendum about "chang...
Richard Villandry
Does Washer & Dryer Really Make That Big of a Difference?
Hey Everyone,I wanted to get some input from all the Renters and Landlords here on BP. I'm currently a renter and moved into a newly constructed apartment a couple months ago. It is a small one bedroom but the quality...
Akhilesh Rao
Have a Big Why- Rental Nightmares
I am new to real estate investing, actually completing a year end of this june 2021. I first came to know of the Term FIRE last year out of the blue after my wife mentioned about alternative income streams.
one thi...
Kevin Guo
How much to figure in for CapEx for multifamilies?
Hi all,I'm looking at 6-unit apartments and most in my area are mostly C units built in the 70s and 80s, with some in the 50s and 60s. The outside is brick. Pretty clean. Seems like they stood up well against time. In...
Marco R.
VA Loan For Multi-Family in San Antonio
Hello,I'm working on getting started in real estate investing by using my VA loan to buy a multi-family or single family property for rental income. My home town of NYC is an investing disaster in my price range so I...
Ben Howard
Building a detached garage with apartment
Hi my name is Ben. I live in Nashville, TN and am looking to build a detached 2 garage with 2/1 apartment above. I personally went down to Metro to get a building permit because I wanted to make sure what I wanted to ...
Mark Garza
Being sued by tenants in Texas
Hello,Me and my wife own a condo in Texas. Our tenants moved out on May 31st, and left the place in bad condition. Dirty floors, dirty stove, etc. Before moving in last July, we asked them for a $900 deposit.We agreed...
Logan Ingram
How to Structure an Equity sale in a new RV Park
Evening. I have been pouring over my numbers for over a year now and have it as dialed as I can get it. Its time to pull the trigger but I am not sure on the direction I want to go right this second. I own the propert...
Connor Bell
CapEx Reserve - Rental Properties
Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve?