Jake Denning
First Small Multi Family... Help please!
My partner and I are currently working on a triplex but I am having some difficulties justifying everything because of the SOW. The Triplex is in pretty rough shape, there are two units which are stacked (upstairs and...
Dean Kao
Rent Control/Lease Problem
My friend is in a weird situation. Lets call him Frank. Frank's friend Todd lives in a rent controlled building. Frank moves in with Todd and the landlord put Frank on the lease through an addendum. The addendu...
Len Roche
Tennant divorce, wants out of lease
Hello! Long term tennants are going through a separation (4yrs). The wife wants to move out with the children and have her name of the lease. There has been a lot of fighting and she wants to move out at the end of th...
Leah Roberts
Flip home kitchen...complete gut or just replace doors?
Hello,My husband and I are about to close on our first flip in NC. We have all of our contractors and work lined up to start when we close March 4th. We are a little hung up on the kitchen. The home was built in the 7...
Account Closed
Cons of Manufactured Homes
Hey folks,Not 100% sure I'm in the right place for this but we'll see. I have an opportunity for a manufactured home. It's not a mobile home, rather a manufactured home with an attached garage on a decent amount of la...
Brentin Hess
Direct Calling Systems and Structure
The Problem: After years of mailing, this saturated market is raising the cost per closed deal. My response rate can sometimes be lower than 1%.The Solution: I skip traced this mailing list, threw it in Mojo's triple...
Nick M.
Judgement lien: Question on resolving
Hi All,I'm purchasing a New Jersey quad at a short sale cash price of $255K. The seller owes the bank circa $280K. We went into contract in March 2016, with an inspection shortly thereafter. Few weeks ago I learne...
Nancy DeSocio
Does more parking add value to a property?
Hello BP community!We recently purchased a 4-plex with a driveway that is big enough to park 4 cars but only two units have a parking space (otherwise, they'd all be blocking each other in). The parking spots were al...
Derek Snyder
How much to take out of security deposit for drugs + damages
Hello all,This past week, I had a renter move out who has been great until now. After he moved out, we noticed a few things wrong. First, the whole apartment smelled like pot (illegal in Indiana), then we found some o...
Beau Ryan
City won't allow me to rent out my Triplex
So here is the back story. I bought a tri-plex in 2005 located in Mankato, Mn while I went to college. The property had a grandfathered rental license on it. This worked great for a couple of years, my roommates' r...