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2 December 2024 | 2 replies
Based on research it appears Zelle is the only option that does not have a transaction fee for landlords.I did not include maintenance as a category since this can be done easily in a spreadsheet, but all of the options actually had pretty good maintenance and expense tracking.For Tax Support, all of the tools met the minimum for being able to export the financial information.
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3 December 2024 | 5 replies
Make sure to keep an eye on property management and maintenance to maximize long-term value.
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1 December 2024 | 68 replies
These notes start at $50,000 to over $200,000 and feature an annual interest rate of 12%-16.7%.
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3 December 2024 | 12 replies
Now for the house you are leaving behind…I like to have this one freshly painted, and take action on any maintenance items.
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5 December 2024 | 7 replies
No matter where you choose to invest, please keep in mind the following (copy & paste):--------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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27 November 2024 | 8 replies
.- We have busy but well paying jobs and don't like to spend time in building sweat equity (BRRR, flip), so will take a slightly low maintenance approach and buy relatively newer properties in B class neighborhoods and use property management for day-to-day operations.Goal:- To get to $10K/month net profits with real-estate (today's currency) in 15 years when we plan to retire.
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1 December 2024 | 3 replies
That's not a "net profit" of $550/month because you haven't accounted for vacancy, maintenance, capex, or other expenses.
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2 December 2024 | 4 replies
Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
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3 December 2024 | 0 replies
Deferred maintenance I knew was coming?
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7 December 2024 | 25 replies
I’m actually at my place right now doing some maintenance after a guest stayed for 2 months.