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5 November 2024 | 22 replies
If you have a galley kitchen, you just need to cut for the sink etc so you could get a basic granite countertop kitchen for under a grand.You can't be picky and you have to search around, but it isn't that hard to do.
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1 November 2024 | 22 replies
Some times in a slow market and we need to attract tenant to sign a lease, we throw in some of these items because the cost of individual items is less than we lowering the rent by even $50 a month ($600 a year).
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31 October 2024 | 2 replies
Let me help you start or continue to build your port folio in a market that doesn't appear to be leaving or even slowing down any time soon.
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4 November 2024 | 17 replies
I’ll do some searching in both areas and I’ll reach out with questions later.
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3 November 2024 | 7 replies
You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.
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5 November 2024 | 11 replies
And lastly, I search FunishedFinder listings nearby, find comparable properties, and track the listed rent for a few months (does it increase, decrease?).
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2 November 2024 | 11 replies
I would definitely recommend going slow, and making sure you have solid financials on each property compared to trying to get as many as possible in a short amount of time; no need to put yourself in financial stress.
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5 November 2024 | 29 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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2 November 2024 | 2 replies
Obviously I will have a title search and get title insurance but I assumed they would still be required to fill out a SD but maybe not.
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7 November 2024 | 22 replies
Bookkeeping when it comes to real estate investments can get tricky.I often find the following mistakes occur1) They fully write off the mortgage payment when in reality the mortgage payment is broken down into Interest, principal paydown and an increase into the escrow account.2) If the property is managed by a PM company, do not factor in the PM Statement3) do not calculate depreciation expenseBest of luck in your search for a proper bookkeper.