Alexander Friedman
Advice Needed - Multi-Condo Water Damage
Hi everyone - I'm hoping to get some advice on a complicated situation that we're facing for a rental condo that we own in Worcester, MA. On September 4, our ground-level unit was subject to an immense amount of water...
Tracy Munger
Need some advice on a potential multifamily property
We put an offer in on a 4 plex that is currently being used as a by the week rental (mostly). The numbers the owners gave us for current rent prices and utilities is based off of that model. The price of the property ...
Trayven Cartwright
Buying my first rental property
Hey BP members,I’m pretty new to real estate investing but I’ve always had a interest in having rental properties. I’ve devoted to this year to save up money for a down payment and to learn as much as I can. What woul...
Jonathan Scialpi
How will Covid-19 affect the market?
I am an investor who focuses on multi-family residential properties in Grand Rapids, MI. I am considering to move forward with another investment in Detroit, Grand Rapids, or even North Carolina (open to suggestions w...
Rob Cee
Filing a judgement against a former tenant?
I have a former tenant that owes me about 6 weeks back rent and left the place a mess. I have never filed a judgement before. How much will this cost me? This property is in another state far away from where I l...
Stephen Mendoza
Assigning a property to an LLC
My business partner and I recently purchased a property in our names. We would like to assign the property to an LLC where we are the only two members. In the bank note, it says if we assign the property without the...
Christian Lincoln
Tenant Damage...help, please.
2 year lease. Really nice 4 bedroom. New Yorkers who have never lived in the country, now they want their security back after the following:1. Let the oil run out, 13 breaks in the pipes, new pipes, new ceilings. I ma...
David J.
Tenant wants me to pay high water bill. What should I do?
Tenant reported a leaky toilet. I had it repaired within 24 hours of report. The flapper had gone bad. Then tenant contacted me claiming she had a very high water bill due to the water leaking and wanted me to pay the...
Fili Aguirre
Selling for sale by owner in 2022?
I've always heard that selling for sale by owner is a bad idea, but is it true? When is it a good idea to sell for sale by owner?
Aaron Lancaster
Should I replace the roof?
I had my roof inspected after some recent storms in the area and the roofer told me he strongly recommends I replace the roof within the next year. Although no leaks were spotted, he said that because my roof is at le...