Alana Bates
Should landlords pay tenant water/sewage?
I live in the Washington DC area and I am thinking about rolling water/sewer costs into the monthly rent. As the potential landlord of a small multifamily building, I will take on paying the water bill for the entire ...
Dave Bopp
How to deal with excessive cigarette smoke?
Hey everyone!I have a row home rental with good tenants. I was informed by one of the tenants earlier this month that the cigarette and marijuana smoke from the neighbors in the adjoining row home was causing her naus...
Andrew Tegeler
Restructuring my business, any ideas
I have 3 rental properties (1) single family (1) tri-plex (1) 6 unit. They are all currently owned by 1 llc. I would like to place each individual property in a land trust owned by an llc which is owned by a holding c...
Don Johnston
Need help analyzing an out of state deal.
I am looking at a tri-plex rented to students - typically 20, 21 and up years old.Asking $259,000. ARV about $300,000. Each is 4 bedroom, 3 bath. Includes Frig, stove, dishwasher, washer and dryer. All electric (n...
Terry Brennan
Laws protecting homebuyers on flipped homes
I am a real estate agent in New jersey. I recently had a client purchase a flipped house. They have been in the home for 6 months and have been running into nothing but problems. A few of the issues involved leaking s...
Ash Patel
Keys to tenant space?
I have what I am sure is a rookie question. Do commercial landlords have keys and alarm codes to all of their tenant spaces?In my case, I have keys/codes for the tenants that I signed, however, I do not have access f...
Freddy Hernandez
Multi-family running numbers
Hello, I am trying to move into multi-family investing and currently practicing running the numbers. One part I am struggling with it to figure out how much I would be paying for utilities. I dont see any mention on l...
Jeff F.
Cheyenne, WY 7 Unit Apartment Complex
On December 2, I closed on a 7 unit apartment building. When I made the offer, I saw a lot of things, but the two most common were disaster and potential. Due to the size of the place, the insane income numbers, and t...
Jack B.
Should I go through with this deal? Relatively minor repairs??
Based on comps look like it is valued between 450-480K.I’m getting it for 355K but it needs roughly about 15-35K in work (15K on the low end, 35K on the high end if I fix the optional stuff and it costs more than esti...
Tina Opel
First Investment Property Analysis and Advice
I am looking into purchasing my first property ever and I want to make sure that I'm doing all of the math right before I decide to make an offer. It's a 4-unit property (3 residential and 1 commercial) and the asking...