I recently purchased a multi tenant business office building. One tenant who has been there for 15 years emailed me stating that his carpets are worn down, always look dirty, and have some areas of balding. He wants m...

Current operator is leasing a gas station from third party. Operator wants to sell to me.Willing to provide Environmental reports and such.
Location:At intersection. Currently unbrandedbuilding is 2400 sqft.Town popu...

Howdy, all!I've been lurking on the forums for a few months, and finally came across a topic that didn't seem to turn up any search results: Building a chart of accounts for a rental business.Let me back up and start ...

How much is a reasonable budget for legal cost for small apartment acquisition (20 to 30 units)? Activities may include review/revise contract (any special language addendum outside of standard TAR contract), review t...

I purchased a duplex ( 3br 2 ba 2 car garage) 3 years ago an inherited a tenant. The tenant has lived in the unit for 8 years and pays rent on time. She is complaining about the carpet which is 20 years old. The carpe...

I've found that after I take into consideration my contingencies seemingly good deals on the surface don't look so attractive any more.  I wonder whether my assumptions/budget is too conservative.I generally use the f...

Hi all, I've started analyzing properties for my first deal. I'm looking in the Cleveland and Pittsburgh areas and have yet to find one duplex that cash flows. How do you come up with estimates for various expenses, s...

I moved to Atlanta in 2004, one of the things I planned to do was to become a landlord. Atlanta at the time lagged behind most of the rest of the country as a whole in RE prices and had seen only modest price incr...

Hi
I have seen a two unit house in a decent neighbourhood. The first floor has three bedroom and two bath while the upper unit has one bed room and one bath. The owners are selling this property and were in this one ...

A tenant who lived in a single family home in South St Louis City moved out in early October while owing, by the most generous estimate, $2,725. She also left a huge amount of items behind, which cost me over $700 to ...