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7 February 2025 | 5 replies
Hello all - Long story but any help would be much appreciated.• I purchased a small 1B/1Ba condominium in a high rise building in 2004 for personal use.• In 2010, I moved out and decided to put in in service as a rental unit.• I was able to keep it well occupied and leased throughout 2024.• I sold the condo unit in late 2024 for a nominal profit.That brings us to today.
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12 February 2025 | 7 replies
Please seek guidance from a qualified eviction attorney or legal professional to handle this situation properly.Hope this helps, and best of luck resolving the matter!
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5 February 2025 | 3 replies
Hey @Dan WardWould love to give you some advice , those are my primary markets as an investor and agent helping others.
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10 February 2025 | 10 replies
If you have specific questions about property management, I'll be happy to help!
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3 February 2025 | 15 replies
Focus on key areas first (like floors, walls, kitchen, or bathroom), which may help you handle the costs more gradually, even if it means moving in furniture or updating fixtures down the line.Also, since the tenant left it in rough shape, be sure to document all the damage (photos, receipts) in case you decide to pursue reimbursement through their security deposit or in court.
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5 February 2025 | 205 replies
Thanks for all the helpful info.
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4 February 2025 | 18 replies
It sounds like you might be in the situation I'm in: buying a vacation home that I plan to use as a STR when I'm not using it so that other people can help pay my mortgage.
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6 February 2025 | 1 reply
The property tax savings are going to be in the ball park of 40-60%, but to be safe you should double your expected repairs budget when calculating the NOI.If you have any other questions, or want a more in-depth response, I would love to help!
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3 February 2025 | 11 replies
Quote from @Ricardo Lemus: Hi there,You guys probably went thru some of my post already and even help me with some experiences - Thanks a lot :)This time, after 6 months on this, I think part of my brain is saying that somehow I am in the right direction, and the other part is saying something is going on with the rent price I have set for my properties.
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30 January 2025 | 8 replies
Welcome Alana, you will find a lot of helpful people on this platform.