Paul Sandhu
Deceased person's property in your STR?
Friday night I saw a person laying on the ground outside some STR apartments. I called the police. Police, fire and ambulance showed up. They took him away in an ambulance. This morning some of my renters called me an...
James W.
Hi, new slumlord here. General advice request.
Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
Jonathan K.
How to decided if you or the tenant is paying for utilities?
I'm trying to refine my deal analysis skill through trial and error and one problem I'm running into that is effecting my profit is when to decide if I'm going to be paying for water, power, and garbage? The real esta...
George Skidis
Belleville Landlord Murdered
Friday August 20th, 2021 4:45 pm: A Belleville, Illinois landlord was stabbed to death while collecting rent from a tenant in his apartment building. Residents called the police about a fight in progress and they fou...
Laura Kyser
Laundry
I am a landlord who lives in one of the three units of the multi-family we own. The second floor unit has its own washer and dryer in the basement that the tenants own and pay the utilities on. Our unit also has a was...
Paul Sandhu
Do you personalize things for your STR tenants?
Was collecting rent from a house with 6 guys yesterday. The most talkative of the 6 was a guy named Jose Pena. They had broken a dining room chair. I took it home and screwed the wood back together. Then I added a s...
Harrison Harner
My First Eviction
I just finished up my first eviction and thought I would share my experience. This took place in Connecticut.Background: I bought this property about 1.5 years ago and inherited the tenants. A boyfriend, girlfriend, a...
Michael Calderaro
Common Area Laundry Rooms - problems or amenity?
First, why did I post this blog in this forum? Because gentle readers, a laundry vendor is a commercial tenant. And the reason they are commercial tenants is because if you signed a contract, as it is called, it re...
Mike Moreken
My first listing for rent in NJ
3 Bedroom, 1.5 Bath single family row home. 1120 sq ft. New roof, carpeting, painting, sinks, lighting fixtures. New refrigerator; old range/oven, clothes dryer, washing machine, garage, plus ADT security service prov...
N/A N/A
newbie from Woodside, Queens, NYC
Wow, I just found this site tonight and am greatly inspired.
I came to NYC in 2001. I had no friends, no family, no job, no college degree, a FICO of 540, 13 collections on my credit report, a box of clothes, and...