We are buying a triplex in Mesa, AZ. It has a common room that is set to be a complex laundry room. I am seeking advice on our next step. Should we purchase a washer and dryer? How much will it make? Experience with s...
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Back in the days before I heard of BP, I bought a condo rental in CA (did everything wrong, didn't even run numbers, by pure luck it cash flows). I needed a tenant right away so I stupidly rented it to a smoker. She...
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My current MFH in Chicago rate is 4.5%. I couldn't find anyone who can beat that rate with no points no fees. There is an options for me to buy 2 points down to 3% with an all in closing cost of about $14k which all c...
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What do you think about sharing the cost of maintenance with tenant? I am considering putting it into lease at renewal.
Something like:
1. Dishwasher: 10% tenant's responsibility and 90% of landlord responsibility...
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Hi, I am self-managing my rental property and looking into the option of using a home warranty service. Once I get the service activated, I will share the service number with the tenant and he calls directly the serv...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,000
Cash invested: $27,500
Sale price: $178,000
This is a 2 story Single Family, 1800 sq ft 4bd/2 1/2 ba, ...
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A long term inherited tenant who smokes has asked me to repaint her living room. She’s paid her rent on time for 7yrs so I don’t mind doing it for her. Since she’s still smoking and the paint will eventually stain a...
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Has anybody done a ROI analysis on installing low flow toilets in their multi-family properties? I have a 13 unit that I am paying water on. RUBS is not allowed in the commonwealth of PA so I would need to sub-meter...
Full Disclosure. I am a noob. I have two properties right now mostly focusing on short term rentals/ vacation rentals. The first one I have stays booked and I clear roughly 1K to 1500/ per month from it. The other...
The situation is complex. My Aunt K inherited a single family home with her two brothers. My aunt K wants to purchase the home from her two brothers as she's currently living in the property. The main reason for the r...