Mark Wolka
Michigan Medical Marihuana landlord rights
I have a tenant who has an MMP card and is growing marijuana. It is not clear on the landlord rights to have access to the room. According to the law for the grow room, only the caregiver and patient should have ...
Tyson Hill
Tenant Screening/Sex Offender
Just went into a recently vacated unit and found a "sex offender" letter on the fridge notifying my tenants that a sex offender just moved in to the 4-plex next to mine. Was this the reason my tenants moved? Who knows...
Doug Simpson
Flip Analysis
Hello all, I've currently analyzed a fix and flip, and am working on getting hard money to move forward with, but I would appreciate your thoughts on the deal.It's a SFR, ranch, ~900 ft^2, 2 bd/1 ba, with an unfinishe...
Christian Requejo
Average sqft. cost for a new construction home in Florida
Hello everyone. We have an opportunity to tear-down a home and build a new home. We are looking to basically tear down the home and build a new home. The plan is to use the same perimeter of the existing home to save...
Tricia Miller
Inspections and permits on BRRRrs
I am about to close on my first rental using the BRRRR strategy. We (my son and I) will be doing most of the work ourselves including roofing, siding, gutters, windows, new floors, kitchen, bath, and paint. No major f...
Bienes Raices
"Never, ever do Section 8"
I have a friend who was a successful landlord for many years. When I mentioned Section 8 to him he advised me never to get involved with it, that it was only for experts who know how to handle it. He said the Section ...
John Blackmon
Tax lien certificate question...
if I already have a tax lien certificate in Alabama, can I renovate and then rent the house?
Jared Vidales
Houston Insurance INSANE!
Hi All,I just entered the Houston market with the goal of buying long term rentals. I closed something in Missouri City the other day, and the insurance was $3,000! The home was worth about 145k. Im now underwriting a...
Account Closed
How to get rid of dead person smell?
I'm working with a landlord whose last tenant killed himself in the unit and was not discovered for two weeks in the middle of summer. The landlord hired ServPro to "clean up" the place but the smell still lingers....
Matthew Rutledge
Talk me out of this one
I've let myself get a bit emotionally involved in this one. Please talk me off the ledge!
I've run this through the calculator, and it says it's a negative cash flow deal financed under 15 years, pretty much...