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17 January 2025 | 23 replies
Seems like it'd be lower maintenance since it's a new build and in a nice area.
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31 December 2024 | 0 replies
The house looked like it hadn’t been loved since 2004 (its build year).
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16 January 2025 | 5 replies
I feel my money is best spent building a portfolio of cash flowing units.
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15 January 2025 | 8 replies
Hello Mike, Syracuse and surrounding area is benefitting from an influx of tech companies and a huge chip manufacturing company, Micron, which is building a $100 billion fab over the next 20 years.
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6 January 2025 | 1 reply
I am looking into buying a duplex in Hyatt Park and wanted to get some advice on what contractors/suppliers I could contact that have investor friendly pricing for kitchen cabinets, countertops, and bathroom vanities.
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24 January 2025 | 11 replies
While the townhome is in good shape overall, it does need some mild cosmetic updates to bring it up to rental standards.My goal is to leverage this property to start building a real estate portfolio, but I’m not sure what the best first step is.
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19 January 2025 | 42 replies
The plan is to put the rentals in SCH E of our joint return and file with TurboTax-We live in Florida-Leases under my wife's name, Airbnb app under my name, dedicated bank account for all rentals activity in the name of both-We have umbrella policy for liability protection for the rentals-We leverage some contractors (for example cleaning lady for the Airbnbs or lawn maintenance guy) that we pay >$600 for their services in a year and they are not our employees.
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15 January 2025 | 7 replies
Unless you negotiate a new contract or addendum with your PMC, they do NOT have to abide by any requests/demands you make that contradict what's written in the management contract.If they have in fact NOT followed the terms of their contract, then you'll want to send them something in writing pointing out the specific language in their contract that they violated and ask what they plan to do about it.If they fail to correct or address the issues, then you'll want to start looking for a new PMC.
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18 January 2025 | 17 replies
We manage 275 residential properties with the majority of those in Sherman/Denison so I feel uniquely qualified to chime in.Generally speaking, 3 to 4 bedrooms are the most popular and for a new build, they will lease anwhere between $1600 - $2200 depending on the area, size and amenities.
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30 December 2024 | 20 replies
Hi Chris,If you are not a contractor, get one.