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18 September 2024 | 35 replies
It took me years to find a great cleaning crew, for example.
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14 September 2024 | 24 replies
Im not a college rental investor, but if it were up to me I would target an area that is safe, clean, high traffic, and a large university.
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16 September 2024 | 35 replies
I have been reaching out to him for a while now, getting free resources from him which he regularly posts about and also chatting, he has given me great advice and his resources were really helpful.
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10 September 2024 | 12 replies
They are friendly tenants, They call us immediately when there is a problem, and every time either of us is over there, the house is very clean and there are no odors...
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15 September 2024 | 2 replies
Yet courts do it regularly, and their decisions often reference intentions, as interpreted by the judge.From this angle, it is useful to guess an intention of a particular tax law before trying to use it to your advantage.
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12 September 2024 | 7 replies
Hey Amanda, In this case, you can likely deduct the cost of cleaning the oil stains from the security deposit.
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12 September 2024 | 13 replies
Honestly if you want to invest, you are better off having a 9-5 that will give you a good, regular income and allow you to buy rentals.
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13 September 2024 | 16 replies
When it comes to renting to Section 8 (S8) tenants, there are definitely pros and cons to consider:Pros of S8 Tenants:Guaranteed Rent: The government will pay a portion (sometimes all) of the rent, so you'll have consistent cash flow.High Demand: There's often a waiting list for S8 housing, meaning less vacancy time.Cons:Property Inspections: Your property will need to pass regular inspections, and repairs/maintenance must meet specific standards.Tenant Screening: Just like with non-S8 tenants, tenant quality can vary, so thorough screening is still essential.As for the down payment, yes, most lenders will require 15-25% down for investment properties.
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13 September 2024 | 24 replies
The property management company has developed a plan to meet this requirement:a) cleaning all windows troughs and sills, scraping and painting of window troughs and sillsb) scraping and painting of all previously painted floor surface that is chipping or peelingc) scraping and painting of any exterior paint that is chipping or peeling including garage decks and house d) scraping and painting of all exterior door thresholds and jams Their estimated to complete this pre-inspection repair work is $500.The certification inspection is $350City filing fee $50Property management coordination fee $50I need to know if this certification is mandatory or not, maybe Cleveland realtor and property manager on Biggerpockets could answer me and clarify my doubts.Let me know pleaseThank you very much