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31 July 2024 | 7 replies
Might just bite the bullet and dump a few hundred bucks down the drain every month until I can sell this place and break even.What a waste
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31 July 2024 | 13 replies
In my experience, and the experience of hundreds of professional property managers I network with, counting the late fee as "extra income" will come back to bite you.
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29 July 2024 | 5 replies
All new MEPS, insulation, windows, roofs, siding, flooring, sheetrock, tile, cabinets, doors, etc.
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29 July 2024 | 7 replies
That always makes it so much harder to rent, or secure a great tenant.Here's my standard go to list now for long term rental updates:-LVP that looks like wide plank white oak-Ultra Pure white on all the walls-Vertical/ modern stack backsplashes and showers-Pop of color on the cabinets (pop of color can include black too)-Butcher block countertops (lower end) or white quartz countertops (higher end)-Modern light fixtures in brushed brassKeep it neutral still but a couple of style choices with the light fixtures (which are cheap) and it will appeal to the masses.Good luck!
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7 August 2024 | 73 replies
They handed out new debt at '18' rates "saving" the business's and all they could do and "save", ooohhhh how we should sing song's of these great "saviors" to us all.... and ignore that they did it with OUR MONEY, consolidating trillions in business that had been compiled over decades of effort by hundreds/thousands of business, all unto 1 national to-big-to-fail goliath.
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29 July 2024 | 2 replies
If converting a commercial unit to residential costs $50k and only brings in a few hundred dollars more in rent, it might not be worth it.
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28 July 2024 | 0 replies
Junked it out, cleaned up landscaping, drywall repair, texture, paint, new interior doors and trim, new waterheater, new floors in kitchen. some new floors, countertops, new roof, painting cabinets.
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28 July 2024 | 0 replies
We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.ere are some progress pictures.News, we are closing on a house and have a duplex under con .
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28 July 2024 | 0 replies
We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.My contractor is also an investor, so we were lucky there, good insight to share and also, he has lots of leads for renters.But he is NOT a good photographer LOL. here are some progress pictures .Also, I will like to share that we are closing on one more single-family property early next week and we have a duplex under contract.
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29 July 2024 | 11 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.