Hello,I am brand new at the real estate business, and just bought my first property, a duplex, and received prorated rents during closing for this month of March. One of the tenants will vacate on beginning of May, s...
Hi guys!!!We are about 2.5 years in on our buy and hold RE journey and currently under contract on units 5 & 6!!! When we bought our first 2 units (a duplex) I opened a checking account and 2 savings accounts for ...
SUPER bummed. Maybe I went with the wrong brand?Rather than carpet, I went with 4mm luxury vinyl planks for 2 of my units. I figured they’ll last longer (cheaper over time), and they’re very durable (so I’m tenant p...
One of the best examples I found this year as to why you need a property manager (especially in Colorado). This client chose not to use our services and instead, tried to self-manage their primary. This was the very f...
Hello,I recently had tenants move out of a rental unit. When they moved in, the carpets were brand new, and they only lived there 6 months. While inspecting the home, we smelled extreme odor of pet urine through out t...
I have an SFR rental (in California) that is sustaining damage from the current renters and I am interested in feedback as to how to proceed with one of the issues.The house had beautiful maple hardwood floors when it...
I have a tenant that has been in my unit for two years and just signed another 1 year lease extension. Her dogs have chewed/torn up the carpet in the couple of rooms that were carpet instead of laminate. She has been ...
New House hacker here: How do I create a lease? What must be included and what is un necessary? Do I need an attorney to draft one? Please advise. I appreciate your help and comments.
Hi Everyone, So I've been reading articles on the infamous BRRR strategy and the refinance portion is the area I'm having a little trouble comprehending. Could someone please explain exactly the process of refinance? ...
I have an A class SFH with a new tenant (3 months). The home was built in 2000 and has mostly hardwood floors and tile with the exception of the bedrooms and living room where I put in brand new carpet before the tena...