
19 May 2024 | 24 replies
Most of them haven’t been maintained properly (think worst case scenario like bottles in vents, grease in plumbing, uneven floors , crawl space issues).

21 May 2024 | 48 replies
Quote from @Brian Kloft: I think a lot of the problems people have with failed inspections and such come from Landlords that don't like to maintain their properties.

17 May 2024 | 7 replies
Therefore, if your rental income doesn't keep up with inflation, you must consistently reduce your monthly expenses or return to work to compensate for decreased purchasing power to maintain your living standard.No matter how many properties you eventually own, unless rents outpace inflation, you can not achieve true financial freedom.Back to Your SituationYou stated, “I don't believe that the property will continue to appreciate or see the rent growth it has seen over the past few years.”

16 May 2024 | 8 replies
I’m concerned about having to maintain it.2.

15 May 2024 | 8 replies
An asphalt shingle roof often lasts 25 yrs, so you need to reserve $27/mo EVERY MONTH for 25 years to have $8k available in 25 yrs.

16 May 2024 | 7 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

16 May 2024 | 4 replies
I have a contemporaneous mileage log along w/ what was done each trip to go along with this.3) I am aware that for the IRS it is a red flag that I maintained a full time job over this period (a good amount of renovation work was done while working remotely waiting on jobs to finish).

15 May 2024 | 6 replies
I do not give my tenants the option to maintain the yard.

15 May 2024 | 2 replies
My goal is to build a portfolio to hold and maintain for the long-term.

15 May 2024 | 7 replies
Two potential challenges:1) Finding someone with ALL the necessary expertise2) Finding someone that has enough time or can work efficiently to maintain your list