5 November 2025 | 8 replies
Someone managing mostly Class A apartments might not be the right fit for small multifamily or single-family homes.Communication Style: Pay attention to how quickly they respond and how transparent they are — that’s usually how they’ll treat you and your tenants too.Problem-Solving Attitude: Things will go wrong — maintenance delays, difficult tenants, late payments — so look for someone who’s calm, proactive, and solution-oriented, not just a messenger.Technology & Systems: Make sure they use good software for payments, maintenance tracking, and communication.
14 November 2025 | 25 replies
A lawn company won't solve the issue because the pickup tenant will continue to complain.
5 November 2025 | 3 replies
A properly installed radon mitigation system with post‑test results under typical safety thresholds doesn’t devalue a property; if anything, it reduces a future buyer’s objection by turning a health risk into a solved, documented feature.
26 November 2025 | 159 replies
Each question is personally answered by Tom Wheelwright, CPA.
6 November 2025 | 6 replies
Best relations: promptly answer questions, address maintenance issues asap, and communicate.Rent increases should be given prior to every lease expiration, even if it's only a small amount.
5 November 2025 | 2 replies
This message solves that.
4 November 2025 | 3 replies
@Andrew Foster James solved the problem right there.
1 November 2025 | 4 replies
For some reason, FICO appears to recognize students loans in deferrment:(Best questions to ask prosepects;1) When are you looking to move?
6 November 2025 | 2 replies
Always pick a provider experienced in STRs.Depreciation recapture: When you sell, you’ll face recapture tax on accelerated depreciation—this is real, so factor it into your hold/exit strategy.Too aggressive underwriting: Don’t assume tax benefits solve poor property fundamentals.
10 November 2025 | 14 replies
My question is two fold here.