William Durel
What books/blogs/podcasts do you recommend for real estate?
Over the past 2-3 years I’ve been tiptoeing around the idea of investing in real estate. Particularly in the multi-unit residential arena. This past February with the birth of our twins and the adoption of our two gir...
Derek Maxson
Making Offer When Big Repairs Needed
Multifamily complex needs roofs and some HVAC units. What's your opinion? Make higher offer and then ask for $$ after inspections or make lower offer estimating the repair costs before inspections?
Nancy Stark
How should I lease during an eviction moratorium?
I just purchased my first two SFH in a B-C class area. One is a BRRRR (currently in rehab), other traditional (ready to rent). Would you have the new tenant sign a 12 month lease right now, or start off month-to-month...
James W.
Property manager gave rent checks to previous owner!
I recently purchased a commercial retail building which closed on 12/31/2012. It was a normal purchase using my broker and a standard AIR contract. I kept the original property manager to manage the building.
My fe...
Andrew Brockway
Mentor / teacher
This weekend I will be meeting with a mentor and I have as short list of questions. A little back story, This person was my very first boss he owned a small business and gave me a job as a floor sweep and over time I ...
Tom Rychlewski
How much of deposit should I keep for damage to flooring
I have a house that I put pre-finished hard wood floors in about 3 years ago. My latest tenants dogs (2 labs) completely scratched the floors. I called a few companies to repair and they say that because it's only 1...
Brittney K.
How to charge for oil heat
How do you charge tenants for oil heat? This is my first property with oil heat and I am considering 2 scenarios:1.) fill tank completely. Make tenant responsible for refill as necessary and they must fill tank back u...
Travis Lauchman
Hired Help for Multifamily Proforma?
Good Afternoon All!Does anyone have a multifamily profroma that they'd be willing to share and walk me through? I want to become an expert in analysis of larger deals as we are steadily increasing our single family un...
Zachary Clevenger
Multi-Family and Commercial Real Estate
Good Morning BP!For the last few months I have been reading, educating myself, listening to specific podcast, trying to analyze things, run numbers, learn the "language", and immerse myself into investing in real esta...
Lyn B.
Quarterly / Semi Annual Inspections
We would like to include language in our lease that allows us to schedule quarterly/ semiannual inspections. Would be appreciative hearing how you approach this. Also, How much lead time do you give them?