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I am considering purchasing a single townhouse to rent out. There are three other units connected to the townhouse but they are owned by 2 other individuals and are not for sale. Only one unit is occupied and the u...
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I listened tony the podcast 21 1/2 tips last week and while some of the tips did not completely fit for me as a real estate broker, one made perfect sense: the posting on Craigslist that I buy houses for cash. I put a...
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I know that it is common to have PM charge a % of rents. However, I don't quite get that logic. If I have a duplex with $3500 per month rent in high end 'hood and one at $2000 per month someplace else...well, what's t...
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Greetings,
We are inheriting partial interest in a commercial property in east Sacramento. I do not have any experience with commercial real estate. I assume we need to establish a basis of value. Should we seek a ...
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What is required for a bedroom in a basement to be legal to be rented in Bloomington Indiana?The room is 11x12 with a closet.I'm pretty sure the room couldn't be considered a bedroom for rental purposes as it doesn't ...
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Any fellow landlords have a good furnace repair guy they can recommend?The furnace on one of my rental units is not blowing the hot air up to the apartment. I've had one estimate so far and the guy said that he "exhau...
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I have a tenant that is complaining that there is a 5 degree temperature difference from the bedroom and the living room. This is a one bedroom apartment in a 100 year old four plex. There is nothing mechanically wron...
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I have a little experience with property management but I did go through a real state office to manage 3 duplexes but there wasn’t a lot of communication between us maybe normal. I have always managed my own but it st...
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Goal for me is usually 10% coc, but this one is more like 5%...appreciation we've been getting is very good though - around 15%/yr for the last several years. Property is in good shape. I'm on the fence this time with...