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15 December 2024 | 25 replies
There are rental management tools like Stessa, Baselane, Innago, and many others that include income/expense tracking that handles all the accounting tasks and reporting you really need for rentals.
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17 December 2024 | 4 replies
If they're not challenging you, or your personalities don't mesh, be prepared to give them honest feedback.
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16 December 2024 | 9 replies
How to handle the requests in a timely manner while keeping expense down.
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16 December 2024 | 9 replies
I 100% agree with everything JD said, as his approach is exactly how I handle clogged pipes for all of my rental properties.
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13 December 2024 | 5 replies
It is most likely challenging to have mineral rights and oil rights by two different entities on a property - but great question.Thanks for weighing in, Chris!
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5 December 2024 | 7 replies
Quote from @Godsheritage Adeoye: Hello everyone,Does anyone have recommendations for a title company in Maryland that specializes in handling seller-financed transactions?
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19 December 2024 | 22 replies
This is something I would have to dig into your background on to properly advise on which asset class might be better for you and also how much management intensity you desire and/or can handle.3.)
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15 December 2024 | 59 replies
I'm not sure exactly how legal that is, consult an attorney, but I never had any problem getting rid of someone within 7 days, and I never had anyone attempt to challenge me on it.10.
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18 December 2024 | 15 replies
No renovations, but cashflow negative (wont hire property manager anymore just to breakeven) @$170-18503. 1031 and buy in WA where we can manage on our ownSame problems with others, we have limited cash available. if we do buy on WA , few concerns are:We are intermittently rehabbing our current home to be rented as Nursing Home eventually hopefully in 2 yrs. home in WA are more expensive and would need higher downpayment and it would be challenging for us because our DTI is high already, we would have do to a dscr thats 100k++ DPSorry for the lengthy post, hope to hear from you!
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16 December 2024 | 6 replies
Building relationships and finding the right deals will be key to your success - also make sure to start out small and go from there - don't get into something too big/you can't handle.