Taylor Green
Should I get a warranty on my rental property?
Hi,
I was wondering what everybody thought of putting a warranty on their rental property? Do most people have a warranty on their property, or do you just put insurance on it? Thanks!
Rodney Burayidi
2nd Deal: Tenant Moved Into 2 Bed/1Bath Unit in Backyard in ATL
The last time I posted was after recently purchasing a single-family home that has a 2 bedroom/1 bathroom guest house in the backyard. Today my tenant is moving into that 2 bedroom/1 bathroom guest house. Every time I...
Mike A.
Water meter out of control. Utility not helping - Please help!!!
We've owned a building for about 3 years in the city. We just received our water bill for said building last week. We called the useless water dept, and they sent someone out. The water meter is going out of control, ...
Mark M.
Ratio Utility Billing System (RUBS)
Has anyone use RUBS (ratio utility billing system) on a small multifamily property (say 10 units or less)? Is it cost effective for smaller units? What are your thoughts/experiences? Thanks!
Colleen F.
Will tenants pay more if you roll costs into the rent?
I saw a few people who recommend to roll the sewer/water bill in the rent costs so theoretically you could charge more rent to absorb that cost. For my area that works for heat but it does not seem to matter for ...
Rob K.
Emergency food at Costco
I was at Costco today and saw that they sell tubs of emergency food. They have a tub that claims it will feed four people for 72 hours for $57.99 and will last 20 years. The other one claims it will feed one person fo...
Krystallin Baker
Best advice you were given?
With so many landlords on here and so many good tips always being shared for newbie landlords, I'm curious what has personally been the best first few pieces of advice you got as a landlord? Conversely, were you ever ...
Doug Haisten
How do I put value on a large lot
I have been looking at a property that has a large lot. The lot is narrow and deep. At the very front of the property and all the way to one side there is a 50 yo 3/1 frame house. The house has been been divided (un p...
Account Closed
condo investment
I am thinking of buying a condo in Maui, Hawaii. I have an offer in for $42,000 2/1.5 mountain/ocean view. It has tenants in place paying $950/mo. The HOA fees are $668/ month, this includes elecricity. the bank is c...
April O.
coin op laundry charges?
I'm in the process of buying a 4-plex. It already has a coin op washer and dryer installed. What is the normal charge per wash and dry?