Marc Globensky
B unit Tenant filed Department of Health complaint to try and get out of lease early.
Hey all,
Thought someone would find this story helpful or entertaining at the very least. Also advice is also welcome.
A little bit of background on me my experience and the tenant. I have been managing Retail, ...
Ryne V.
How to proceed w potential lease option
Newbie here and here's the 411 on this deal. My cousin rents a house in Albuquerque that I stay at whenever I'm in town. He finishes law school in May at which time his lease ends (unfortunately he's not gonna be a re...
Walter Hammond
Multi-family Analysis Questions in Cincinnati
I am looking at a4 family in Bondhill (neighborhood of Cincinnati, OH). The neighborhood is NOT very good. Not dangerous, but not desirable. Both building are owned free and clear. There are close restaurants and ...
Robert Richardson
Our first rental property, a work in progress
My wife and I purchased our first investment property on March 1st, 2017. It is an ambiguous sized apartment building (2 or 3 units) with tenants in place that needs a ton of work. Here are some of the numbers:Purch...
Manaswi Mishra
Analyzing Cashflow vs. Asset Appreciation in Rental Property Investment in Bay area
Hi I am a 31M living in Mountain View and am looking for a rental investment property within 50 miles of my residence. My monthly HH income is 16k USD after tax.After looking at multiple properties and calculating the...
Adam Odom
Calling all superhosts - STR must haves and best practices
We've recently sold a condo in Myrtle Beach and bought a new beach house in N Myrtle Beach/Cherry Grove and I'm looking for some top suggestions for features that guests love to see in a property. We thought we had do...
James Cerasoli
Is my property manager taking advantage of me?
Hey all,I purchased my first rental property May of last year that is a 3-unit student rental. I found a property manager through the attorney I worked with in the area who claimed he uses him on his own properties an...
E.S. Burrell
Tenants want LL to pay for their broken TV
Hi AllTenants lost power throughout the house. Electrician was called to investigate the problem. He said there was a power surge and got the lights working. The furnace quit working. My furnace guy said that the fur...
Nerissa Marbury
Charging tenant for stove repair that equates to replacement
Hi there,ISSUE: A tenant informed me she is responsible for cracking my glass top range and wants to know next steps for getting it repaired. The glass top / cooktop part is no longer manufactured. If the part was ava...
Taylor Jones
Do people like losing money in the Smoky Mountains?
How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...