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22 January 2025 | 9 replies
To all self managing landlords that switched to using a property management company, what caused you to make the switch?
22 January 2025 | 14 replies
.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
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27 January 2025 | 6 replies
How can we prove that any damage is caused by this specific tenant, given multiple residents in the property?
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3 February 2025 | 34 replies
Did they previous take on bridge debt and has that caused them undo "pain" in the recent years?
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6 February 2025 | 12 replies
In this post, I will explain the criteria and the information sources.Income requirements for financial independence:Rents increase faster than inflation: Inflation erodes the value of money over time, causing prices for goods and services to rise.
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4 February 2025 | 11 replies
Just a one week shortage will cause a price ripple that will last for months going into building season.
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11 January 2025 | 5 replies
yeah the tenant pushing back is my concern. it just so happened that this happened with the tenant that seems to not like paying. and the heating is electric and this winter has been extremely cold which caused the electric bill to jump up to $800!
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5 February 2025 | 35 replies
This concerns me about the potential to maintain a solid tenant base and would likely cause a higher vacancy factor.
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17 January 2025 | 4 replies
One was taken over by some squatters causing problems for the neighbors and the police were contacted who contacted the lender.
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1 February 2025 | 9 replies
So if the short term rental is the first floor might be less likely to cause annoyance vs it being on top or if the beds and living rooms are side by side or opposite ends of the building.