So I closed on a duplex Friday.  I had a sick child so my husband closed in my absence, so this is all being relayed second hand, but here goes.  Before closing, I made sure prorated rent and security deposits were in...

We found a 2 family property asking 115K. We will offer 85K and keep out fingers crossed he accepts. We have spoken to a contractor, for rehab. His estimate is 70K, that includes turning it into a 3 family and add...

I rented out one of my properties a couple months ago. I vaguely remember that I thought there was central air in this one because I had glanced at the thermostat and it had a "cool" option (yeah, they all start to bl...

The Section 8 tenant who has lived in my rental for two years has given notice, and in addition to the usual maintenance to make the single-family rowhouse ready for next tenant I'd like to make a couple of important ...

Working on a house flip, but have a bit of a concern.  A wholesaler sold me the house-half of a double lot.  Typical strategy, they hold and sell the empty lot separately, I didn't have a problem with it, as I got a g...

Recently I am looking into Texas SFH market. It was as hot as bay area several years ago, no, actually even hotter.  A new listing came up during Xmas day, and today there are more than dozens waiting in line for open...

Wanted to see what other landlords thought about this situation.

We are buying a distressed 3 family that has 3 apartments: 1 bedroom in the basement, and 2- 2 bedroom units.

The basement apartment has ...

I bought a short sale rental house in New York a little over a month ago that had to be renovated.  The gas heat was turned off last April by ConEd, the local utility company, because the previous owner had not paid t...

New investor here - my contractor informed me yesterday that my house he's rehabbing was vandalized. They took many tools that totals approx. 10K. He's asking me to contact my insurance to make a claim, however this w...

Hey everyone!

I have a 12 unit value add deal under contract. This is my first step up to real multi family. I currently have duplexes and single family rentals.

About the deal:
725K purchase price
108K gross rent
...