Pietro Serra
Tennant wants to add a bathroom
I am fairly new to being a landlord. I got the question today from a potential tenant, to whether I would put another bathroom in on one of my properties. How should I go about this, they also said they would pay for it.
John Barry
Maximizing Cash Flow 30 Unit
Working on building a apartment complex (25-30 units). Currently have needed land, and enough parking for 29, all zoning requirements are met. We have had the property professionally surveyed, have met with our GCs an...
Brent Kiger
Property Management Start-up in Kansas City
Good afternoon BP,I'm considering starting my own property management company in Kansas City. I currently own and self-manage a medium sized portfolio in KC, and am looking for ways to increase revenue. I came across ...
John Cimino
Delaware 5 day notice letter
Well, I bought my first rental property and long story short I inherited a bad tenant. I ended filing for eviction, but was told that the pay or quit letter I found online was "invalid". Luckily he didn't show up to...
Nicole A.
Do you give keys to your trusted contractor / repair / maintenance guy?
I'm curious about this and wanted to poll you all about it.If you have a maintenance guy you've been working with and trust, you may find he's going to your rental properties fairly often.If you have multi-unit proper...
Jacob Simpson
How to Fund Commercial Purchase and Renovation?
My partner and I are evaluating a 2 story commercial space that is zoned Mixed Use. We are considering having Office Space/Retail on the 1st floor and then Apartments on the 2nd floor. What are some options that you h...
Asif Vavanan
Recommendation on Rental Backgound Checks
Hey BP Members, I am currently in the process of renting on of my properties. I am looking for companies that does background checks for tenants. What is the best way to do this?Most tenants do want to spend $30 to $...
Peter Morgan
No security deposit to friends - discrimination ?
Hello,I know it’s not a great idea to rent to friends but suppose I rent one of my apartments in a multifamily home to a good friend of mine without a security deposit and if other tenants get to know about it will th...
Benjamin Bennett
Strange Zoning Issue, Waco TX
Greetings BP,
I have submitted an offer on a somewhat strange property. It is 2 SFRs and a garage apartment all on one lot. Fully leased with gross rents at $2000. As such, the seller is asking what would seem to be ...
Rodolfo Suarez
My First Deal with an FHA Fourplex making a 10% cap rate
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $185,000
Cash invested: $6,475
Fourplex that was only half rented but structurally sound in a not great neig...