I recently purchased this 5 unit residential building. It was a good price because the past owner lost control of the property due to troubled tenants. It's currently C class of things it could be an B+ A- building. I...
Hello everyone, I have read 3 books so far that's been recommend by the community. The titles of the books are "Buy,Rehab,Rent and Repeat", "How to Invest in Real Estate" and "The Book on investing in Real Estate wit...
My tenant called today to ask for more time to pack up and find a new home. The one year lease ends tomorrow (8/31/22). If I do allow the tenant to remain in place, how should I go about collecting rent for the extr...
Hello,I was having a gala time back in late 2021 when I managed to refinance to a lower 2.5 interest rate on my OO MF fast forward one year to 2022 my property tax suddenly increased by over $4000 (from $11000 to $150...
Hey guys!Tenant reported water on his floor, that was coming "from the walls", as he thinks, and on the floor underneath the oven and fridge.We sent a plumber, and he wasn't able to identify the source of a problem. P...
I'm contemplating the purchase of a property. I did a walk through and noticed mold all over the ceiling in the bathroom. The window also had some mold. I'm guessing the mold is from poor ventilation and/or a roof lea...
If you're an investor looking for potential opportunities to break into or expand your investing in L.A., recent earthquake retrofitting legislation may open doors for you!February marks the beginning of a shake-up in...
In June I purchased my first investment property through Auction.com (yay!) never knowing how truly difficult it would be to evict the previous owner (boo!). I have a lawyer friend (that doesn't specialize in real est...
Hey so I own a 3 family house, I ended up doing the house hacking strategy. I rent out 2nd floor for 1000 and 3rd for 950. Taxes just increased very high I use to pay 2200 for mortgage and now I am paying 2500 , Iam n...
We inherited a long-time tenant at our quadplex, which we purchased last year. At the time this tenant was our paid groundskeeper and ran a lawn business of his own. He pays for an extra garage stall and thus is all...