Allan C.
Why you need reserves
Sharing an example of where reserves come handy. A few weeks ago my rental property experienced a power surge that fried over half of the major appliances (HVAC, range, DW, etc) in every unit. Repair costs are ranging...
Andrew S.
Late rent charge unpaid in Cozy
I recently had a tenant pay partial rent on the 4th (rent is due on the 1st with a 5 day grace period). They had asked if I'd drive by to collect a third part check but I told them I don't accept third party checks. ...
Rebecca Shine
Intra-Tenant Laundry Dispute
Hello!
I was hoping for some advice. I have a multi-family property in which each unit has their own set of washers and dryers, but both sets are located in the basement - a common area. The tenant from one of my u...
Chris Utter
Newbie investor in Columbus, Ohio
I am a little over due to posting this! My name is Chris Utter. My wife, two huskies, and baby due in April live in Columbus, OH. About 5 years ago we bought our first house, it was a foreclosed home. This house has b...
Trevor Bragg
I want to buy, but I don’t have a job yet?
Hello BP!I am a big fan of the podcast, and now I have recently joined the app and forums! I am a 21 year old student in college who is about to get married in June. My future wife and I have only minimal jobs averagi...
Richard Marques
Help with Tenant breaking the lease
Hello Everyone,I have a tenant and our initial lease was from 08/01/2018 to end of July 2019 with one month deposit. We extended it until the end of May 2020. However, the tenant didn’t pay the rent on time for this...
Michael Acheampong
Didn’t negotiate the price of a home.
I’m in the process of buying a home (house hacking SFR).I made an offer contingent on walkthrough and inspection, the seller was out of town so I made the offer with the goal of seeing the house when the seller gets b...
Bade Raju
50% rule in evaluating rental property
Hello All, I am evaluating a property at 140K for a rental. The rent is 1200 per month.I inputted all the values in rental calc and found negative amount in 50% rule. What is expected amount in 50% rule? Wha...
Rick L.
Gut Renovation Diaries - New Haven, CT
August 25, 2016 I closed on a 480 square foot garden-level or basement level 1 bedroom condo in foreclosure in a Class B neighborhood in New Haven. I did loads of research beforehand and had done calculations, however...
Justine M.
Design Development (Architecture) for SFR Construction Project
Hi all,A bit of a noob developer question here as I'm in a bind and would like to hear how others deal with/handle the actual design development of their SFR projects. Also, really want to better understand how to co...