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Buried oil tank in the back yard for pool heater.
I am rehabbing a house that has a buried oil tank in the backyard. It is not needed anymore. The house is in Pa. I popped off the fill lid today and it has about 1 inch of fuel left in it. It has probably been in ...
Colleen F.
Will tenants pay more if you roll costs into the rent?
I saw a few people who recommend to roll the sewer/water bill in the rent costs so theoretically you could charge more rent to absorb that cost. For my area that works for heat but it does not seem to matter for ...
Benjamin C.
Online Rent Collection (RentRedi vs TenantCloud)
Hello! I've read through a bunch of existing discussions, but figured I'd post and see if anyone had some insight before I made a final decision.I am a small, single property landlord (triplex, one unit is owner occup...
David Tremblay
Tracking Rents and Security Deposits
Hi everyone,I recently purchased my second property which is a multi family home. As I’m sitting here thinking I’m not so sure how to go about tracking rents paid as well as security deposits made by tenants. When I o...
Joe Ratliff
BRRRRR Strategy risk vs reward
What is the risk of the BRRRRR strategy. It sounds good to be able to buy property, rehab it, rent it to a tenant, refinance, then take money out to repeat the process. I know that by doing this, you're building a pas...
Ray S.
Trying to time the market?
I know they say you should never time the market, and I 100% agree. But for someone already selling a property now, would it be wise to try and sit on the sidelines now since many are saying we may be at the top of a ...
Tim Kaminski
Gravel/Rock/Shell Parking Area?
Hello!
Tampa. FL. I currently have an extra parking area on my duplex that I rent out on a M2M basis for those needing parking. Its just a fenced in sandy/weedy area. Right now is vacant and looking rough.
...
Michael G.
Landlords in Brooklyn: Let's share a part-time roaming "super"?
Hello Fellow NorthWest Brooklyn Landlords! We own & manage a few Multi-Family properties in NorthWest Brooklyn (Park Slope, PLG-Lefferts, Bushwick) which I've been managing without issue for the last several year...
DL Martin
apartment amenities..
I just finished reading Buy and Rent Forclosures byJoseph Neilson.
Mr Neilson advocates stripping houses of central air, garbage disposals and many other amenities in order to eliminate maintenance costs.
...
Will Coleman
My BRRRR strategy success story
Howdy all, I thought I would share my property that I implemented the BRRRR strategy on. We purchased for 90k put about a 25k rehab budget into it with a hard money loan. Refinanced with an ARV at about 150k. It's cur...