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15 November 2024 | 5 replies
@Noah Schulz what does the lease state about payment and what period the payments cover?
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20 November 2024 | 18 replies
At lease in my experience that's how it should go down.
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16 November 2024 | 7 replies
Get the easy stuff first - rent roll and lease end dates, any bills the landlord pays - common area maintenance, maybe water, sewer, taxes, and insurance.
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11 November 2024 | 16 replies
The only thing we suggest to our guests is if they are able to start the dishwashwer before they leave it is helpful to our cleaners, but otherwise just lock the door when you leave and have a safe trip home.
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16 November 2024 | 6 replies
Since I started renting out the house in May 2024 and will likely move out in 2025 after the leases for my current renters end, I have a question about depreciation.Can I depreciate the portion of the house that was being used for personal use, even though I was living in the house for part of 2023?
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16 November 2024 | 3 replies
Lawn Care: Regular upkeep, normally the tenant's job on single family residences stated in the lease.7.
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15 November 2024 | 3 replies
I currently only have 1 duplex, however I want to set this up right so it will work for any size portfolio.Currently I haveHome folder>multi family/single family/legal documentsInside the multi family I have Name of property-> general property maintenance/first floor/second floor Inside of first floor (the one currently rented)I have, pictures (before and will have after) / lease documents / a spreadsheet with each month, what day rent was paid, if it was late, if late was fee paid?
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17 November 2024 | 9 replies
—can also be acquired on an all-cash basis, but your initial outlay will be a lot higher, and leasing cycles will be longer and more complex than single-family.
21 November 2024 | 24 replies
Maybe there is lithium or some other mineral under it and someone is out buying all the mineral leases in the area.
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20 November 2024 | 14 replies
Use a 1031 exchange to sell one or more properties and reinvest into fewer but higher-yielding or easier-to-manage assets, like multifamily units or triple-net lease properties.