We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.My contractor is also an investor, so we were lucky there, good insight to share and also, he has lots of leads for renters.But he is NOT a good photographer LOL. here are some progress pictures .Also, I will like to share that we are closing on one more single-family property early next week and we have a duplex under contract._________________________________________________________________________________________________________________________________________10/12/2024.

I wish I could just get a single link that I can put on my renal listings online and say "apply here by clicking this link".

Single story, no fence or garages/carport and  3b2b rents for $1500-1800.

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.

I would recommend obtaining a new EIN under the new single member LLC.

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

Purchase price: $175,000 Cash invested: $30,000 Single family home that I have had rented with Section 8 since 2005.

Hey BP community,I am an investor with two single family properties in Northwest Arkansas.

A single member LLC is not as big of a deal, but once there is a partner involved, an attorney needs to be as well.

Housing prices in two of our larger cities (Vancouver and Toronto) are also crazy high (eg $1M to buy a starter home)...actually in Vancouver proper at the moment the cheapest home (single family, not strata) is $1.2M...surprisingly (to me) in Toronto the cheapest home on the market is $650K (ignoring some listed for $1 as clearly there is a catch).Our mortgages work differently than in the US, and what we get for rates are only locked in for 1-5 years (typically) and then we have to renew at whatever the current rates are.