Megan Penman
Purchasing a home with current tenants? in KCMO
I am looking to purchase my first rental property using a HELOC- thoughts on buying a home with current tenants inside? M2M on one and a year lease on the other-thx
Joey Copper
Top Five Maintenance Landmines
Imagine all of the possible maintenance items plotted across a spectrum. On the left side are items that you just reactively fix as they present themselves. On the right side are items that require proactive considera...
CHRISTOPHER PIERRE
Deal Analysis & renovation cost estimate
Hello I’m Chris, I’m a fairly new investor and I have a deal I would like help analyzing. Im stuck on estimating the renovation costs
Nikolas Engel
Renovation cost in P&L
Oh boy, I am confused:I was looking at a P&L statement of a 40+ unit MFH and noticed that seller did not include significant renovation costs to update units each year in the expense section. Those expenses were l...
Aaron Lawson
Monthly Trash and property upkeep issues, advice?
Hey all, hope you're doing well! I have an apt bldg. challenge and looking for opinions from others, here is the scenario1) Back of property (6 unit multi) usually gets hit with neighborhood trash dumpers (mattresses...
Moustafa Ahmed
Renovation: Kitchen & Bathroom Inventory checklist
Happy Monday to All!My wife and I are planning to start work on a 2 family we just purchased this year, architect drawings to be complete and all. Reason for the post is we want to see if there is an existing inventor...
Uwe K.
Minnesota tenant law question - Deposit and abandoned property
I am trying to resolve a situation on behalf of a relative renting in Minnesota. I am a landlord in WI only, not familiar with MN law, so I read up but have a couple of questions:
1. The MN statute (504B.178) says th...
Stephen E.
Junk at Closing?
I am about to close on a property and went for a final walk through. We found items of furniture, possessions and some assorted junk. Closing is due but I intend to refuse to close until these items are removed. I jus...
Jeffery Waicak
Security deposit question
I had some tenants move out. They were there for a little over a year. The security deposit was $550. The carpet was brand new, is now trash. I read carpet has a 3 year lifespan. So when I get the quote for the carpe...
Brandon Lashmet
AB1482 Exemptions (LLC vs Corporation)
AB1482 states that "single-family homes/condos (residential real property that is alienable separate from the title to any other dwelling unit) are exempt from AB 1482 if (1) the owner is not a real estate investment ...