I have had great tenants in my rental for 15 months with no serious problems. They are 3 months in to a year lease and are now asking for permission to sublet or reassign because they want to move sooner. The lease st...
I have a question. I'm evaluating small multis, and i'm trying to find the maximum allowable offer that still cashflows for me after all projected expenses and the loan payment. What is the most efficient way to ...
Hello. I'm perusing through some online listings for multifamily in my area. I noticed a triplex that seemed to have an interesting bit of information in the description."Only cash or cash equivalent contract consider...
hello Everyone!can i use in the lease agreement rule that no fire arms can be stored at the property?
I have an 8 apartment complex. There are two, 4 unit buildings on the property. I took possession of these on the first of July this year. These are my first rentals, so I am still fairly new at this. As of today, I d...
Quick Question: Do you all allow grills at your SFR rentals? If so, do you allow gas grills or just charcoal grills? What stipulations do you give your tenants regarding grills? Thanks in advance for any insights
Anyone know of any DSCR lenders that are wrap-friendly? I know that almost every lender has a due on sale clause but are there any who look the other way as long as payments are made? I'm interested in creating more n...
General question regarding what you use to set funds aside for maintenance on a multi-unit. I looking at a $155,000 3 unit apartment that produces $1,845 in monthly rents. All the major expenses seems to be a taken ca...
Hi everyone,
I’m about to renew the lease with my tenant, who has requested a change to allow subleasing. Our current lease, based on a template, prohibits subletting, so I’m not fully aware of the pros and cons of t...