Paul Teske
Good or bad idea? Property management firm for my own properties.
Hey BP,I'm considering starting a property management firm that will only deal with my own rental units. This company will not own the rentals, because I do not want to trigger the Payment Due on Sale clause in the mo...
David C.
Mostly Month to Month tenants in a Multifamily - Big red flag ?
(Sorry for all the M's in the title)
Fellow BP-ers,
An OM crossed my desk which seemed promising, a 9 unit multifamily which had decent cashflow and the numbers would work at a slightly lower offering price. Howeve...
David Moore
Pay the Water Bill or Not?
In the town I invest in, the Water Department will send a bill to the tenant, but the understanding is if they don't pay, the owner is responsible. I've noticed most other landlords in my market pay the water bill, r...
Andrew Jones
6plex under contract. What documentation should I ask from owner?
Hello BP,
Yesterday 1/12/12, I got a 6plex under contract in southern California. Four 2bd+1 and Two 1+1. Owner is financing with me putting 30% down. Building is currently fully occupied. What documentation should I...
Colleen Martin
Distance from property as first-time landlords
Hello!My husband and I are negotiating what could potentially be an awesome deal for a 6-unit rental property. Obviously there are a lot of financial aspects to this decision that we are working through, but I have a ...
James Carlson
Denver cracking down on basement/ADU STR rentals
Through my contacts in the Airbnb world here in Denver, I'm hearing a lot of complaints about the city cracking down on basement unit and carriage house short-term rentals. I've heard of three distinct scenarios:-- So...
Eugene C.
My first investment
Over the course of the last couple of years I have learned a tremendous amount right here on BP and I've realised that I haven't been particularly active on the forums. I guess that's partly because I don't feel I hav...
Ivan Palagniuk
Insurance coverage for rentals
Hi everyone,I wanna ask how you guys insure your real estate and what company to insure with,I have 3 duplexes and 1 fourplex ,just got off the phone with progressive with a shocking quote, wanna ask how much on avera...
Jean Joseph
HELP WITH NEW TENANT!
Hello guys!Please help!I have a new tenant w/ children who relocated in the area for a job promotion. From the day she moved in she's been complaining about the smallest things(its been 2weeks); one blind missing roll...
Jonathan West
Columbus OH 40-unit turnaround: opinions needed
Hello BiggerPockets community. Thanks in advance for your time.I’m looking for some expert advice as my wife and I navigate the turnaround of a 20-duplex (40 door) Class C Columbus neighborhood. We’ve been strugglin...