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12 January 2025 | 7 replies
Possible to maybe build one similar to this with an add on for small business owners and REI's. https://docs.google.com/spreadsheets/d/1xYOKT2eNS588cj6_8jVv2vobAfAhCVUd/htmlview#gid=1221524195
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16 January 2025 | 8 replies
I allow pets and charge a pet rent of $35 a month, its nice bit of extra money and pet owners tend to stay longer as tenants.
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11 January 2025 | 14 replies
@Rafael Valdor some advice when screening PMCs-----------------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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9 January 2025 | 6 replies
I’ve done a couple of fix-and-flip projects in the past using a hard money lender (HML), which has its pros and cons.I’m currently looking at a couple more properties and trying to decide if I should go with an HML again or explore other financing options.
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14 January 2025 | 8 replies
The #1 reason that landlords fail is due to failure to manage to the lease (Source: American Apartment Owners' Assn).
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9 January 2025 | 20 replies
Even the Cybertruck owners.8.
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15 January 2025 | 13 replies
You absolutely need 1099s for them.What about owner-financed interest?
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14 January 2025 | 9 replies
Secondly, short-term rentals provide flexibility for owners, allowing them to potentially use the property themselves when not rented out.
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9 January 2025 | 4 replies
They might refuse since you are not the owner.