Shelby Savell
Good Idea or Bad Idea
I've recently been listening to a lot of different content about RE and heavily considering jumping into the short/long rental game. With that being said I don't particularly like the idea of smaller multifamily, the ...
Wesley W.
Tenant washers in units
Hi All,I'm soon to own a small multi-family property that has W/D hookups in the units, and the current tenants all have their own washers. The disclosed annual water bill is $2000, which via local custom is paid by ...
Kevin Feltner
Getting Rid of a Tenant Before They Move In
I have a tenant that is set to move in on March 1, still he is not responding to my phone calls and texts. I am fairly certain that he will not be available to move in on the 1st and/or pay rent. As it stands now, he ...
Bill Schrimpf
Source of income is now a protected class in Vegas
Wow - Clark County NV has made source of income a protected class. According to the FAQ they provided, property owners are not allowed to say "two years of steady emplyment required". How will property owners handle...
Edmund Campbell
First step for multi family
I own 3 single family rentals debt free worth 60k, 70k and 150k per, so about 280k total. I want to buy a multi family bldg between 25-35 (or more) units but I have little cash and hate debt. I would be willing to ref...
Joseph Janarski
Being Sued for backing out of a Deal - What am I liable for?
*Disclosure I am speaking to an attorney on the matter this week, but wanted to share and see if anyone has had a similar experience or knowledge in this matter?So unfortunately my contractor was late in getting me a ...
Roger R.
Buyer defaults on a time is of the essence contract.
I was scheduled to close on the sale of my NYC property on March 31st. One day before the close date the buyer called me up and said he wouldn't be closing. He gave invalid reasons why he couldn't close (Title compa...
Raymond Richey
HOA is amending bylaws to prohibit rentals, how do I fight it
I have a property in a small neighborhood with an HOA. They announced the annual meeting with banning rentals on the agenda. I have owned this home since 2008, and lived in it from then to 2010. This is an "amature...
Dan DeAngelo
Extra Manager's fee / Legit ???
I have a 20 and a 19 unit property that is professionally managed off-site. I pay 7% of collected income and my manager also charges leasing fees, trip fees, and recently another fee that really bothers me. The new ...
Viral Mehta
Seller backing out of a signed contract in Texas
I signed a purchase agreement for my first investment property in Texas - the original closing date was early April. I paid my earnest money on time and have my loan ready to go. However, it turns out that the seller'...