I finally understand how insurance works in the multifamily world. I learned this from an insurance broker I talked to yesterday. There are three kinds of apartment insurance coverage: Tier 1, Tier 2, and Tier 3.
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I've got an electric glass-top stove in one of my units and only 3 out of 4 burners are working. The unit is currently vacant. Should I just leave it as is, or should I take this opportunity to replace it? It was manu...
Does anyone have experience with the Rehab Valuator Lite software? I saw an ad on Facebook today for the Lite version that is free.
Currently a new real estate investor looking to source my financing. I'm for advice and recommendations for my current lending situation. I’m looking to buy a STR in MD, and i’ve run into a bump in a road for my finan...
I have a 5/3 house I am about to rent out to three people. They intend to rent out the remaining two bedrooms to their friends. I will sign a lease agreement with the three primary tenants. Should I stipulate in th...
A tenant that hasn’t paid rent since August 2020 finally moved out and went to the property with my vendor to fix things up only to find out he’s been using my property for Airbnb the entire time confirmed by neighbor...
We all have something we could careless to clean. I notice sometimes the property manager doesnt have the home cleaned. Why is that? Doesnt that represent the company
SFH: 4/2, 1500 sqft, asking price 199k, ARV in the high 200s, full reno required but completely surrounded by warehouses on all sides. Not sure if I can upload a picture to this post but it doesn’t seem like I can in ...
I think I know the answer to this, but keep second guessing myself!We are remodeling a gutted 4 BR / 2 BA ~1,750 SF Unit A (of duplex). It's expected to be probably a B+/A- rental in a B area. The kitchen is nicer th...
So I, as my bio says, am a newbie in every sense of the word. I've been absorbing everything I can about real estate for the past two weeks & yesterday became a pro member. I'm interested in multifamily. I live in...