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So I am currently in contract for a 18 unit property C- apartment complex. It is selling at a low cap of around 5.5. Our market average is about 4.5 for A class and 6 for C class. Great location but in need of some se...
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Lets say we have a 6 unit property built in the late 80s with these specs:
2 bedrooms, 1.5 baths, single car garage, laundry hookups
$4500 total rent per month ($750ea, all utilities paid by tenants)-$800 taxes-$200...
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Hello Team, i am about to buy a property that is has very very strong smell inside. It looks like several cats were there for a long time. Unless I clean the smell, we cannot work there. Currently all the doors and wi...
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For one of my rental properties, I had a contractor do 2 repairs (small roof repair, replaced four windows) and 4 improvements (added support beams in crawlspace, added gutters and downspouts, added basement access do...
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I have tenants who want to be present during the tours I conduct (they're moving out at the end of the month). I think this is awkward. It doesn't state in the lease that they need to get out when I'm doing them... wh...
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My fiance and are under contract with a new rental. One of the tenants is month to month and we will need to move in within 60 days after closing. We are new to rental properties and are wondering what the best way is...
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I should probably wait to post until I'm settled a little bit, but I'm fairly anxious at this point. I have been a landlord for almost three months. My wife and I bought the other half of the twinhome we had been livi...
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Not the best of nights last night.
I have a scheduled appointment to show one of my vacant houses to a potential tenant this evening, so last night I drove over to the house to make sure everything was in order for ...
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So my plan is to remotely manage a few vacation rentals I currently own. Trying to set them up to be as "hands off" as possible. I have local resources to help out if needed, but trying to minimize calling on them. I'...