Keith Jourdan
Tenant not paying water bill
Tenant is on government assistance and rent is deposited into my account every month like clock work. The lease says he needs to pay the monthly water bill, about $40-50 per month. His bill is up to over $300 now. The...
Vincent Lattuca
What do beginner investors overlook when analyzing properties?
I am analyzing small multi-family properties and I feel that there are some costs that I am not taking into account. Any advice would be appreciated!
Scott Harper
Flood insurance
I am not happy with Fema. I have owned a house in Daytona for ten years. The house is two miles from any water. Last year Fema decided to redraw flood maps and now include my house in the flood area. I believe this wa...
Thomas Guertin
How often do you raise the rent on Tenants?
I was wondering what other Landlords are doing about raising rents. Do you only raise rents when your costs go up? Do you raise them to be close to market rents? Do you raise them yearly or rarely raise them?I have...
Adam L.
Corporate Relocation...Do I keep my house to rent or sell it?
So I'm looking to take a job that comes with a pretty kush relocation package. I'm torn on the idea of selling my house or holding it for a rental and appreciation in equity. Curious what this forum thinks.
Details b...
Mark M.
Ratio Utility Billing System (RUBS)
Has anyone use RUBS (ratio utility billing system) on a small multifamily property (say 10 units or less)? Is it cost effective for smaller units? What are your thoughts/experiences? Thanks!
Victor Robinson
Pay off car loans or save for another down payment?
I presently have a portfolio of 25 doors. A mix of sfr, quadplexes, and one 3-unit office building. I’m pretty highly leveraged at the moment. Roughly 80% across the entire portfolio. I have a decent w-2 job, low 6 fi...
Dave Reeves
Multifamily- Prorate or switch from boiler to electric heat
I recently purchased a Multi-family 4 unit that currently has a new gas boiler. Property managers in my area are telling me to eliminate the boiler and install electric baseboard heat in the units and have the tenants...
Mindy Jensen
Introducing: Long Distance Real Estate Investing by David Greene
Introducing Long Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Properties by David Greene.Is your local market keeping you from investing? Are you leery of investing in a property where y...
Jason Malabute
NOT GETTING RIPPED OF BY CONTRACTORS
One of my biggest fears is getting ripped off by contractors, them stealing my money, rehab cost exceeding budget . However, I realized to maximize my returns I need to consider distressed properties as an out of stat...