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28 January 2025 | 15 replies
She’s currently not paying rent, and while she has some health issues and no stable income, she’s been communicative and open to general talks, with a possible option to vacate through a cash-for-keys arrangement, though this might take around six weeks and some hard work.I plan to rehab the property and eventually rent it out, potentially to a Section 8 tenant.
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3 February 2025 | 8 replies
I find that it's almost a one stop shop in that I can use it for my business checking and savings accounts, bookkeeping, for rent collection, I can issue virtual credit card, I can create all the financial reports I need to run my real estate business and prepare for tax filing and through their partners I can vet my tenants, develop state-specific leases and more.
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1 February 2025 | 7 replies
And also that rates are just going to continue to be an issue, so it's likely something to plan for in rent rates and/or overall investment costs.
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27 January 2025 | 5 replies
You have a number of issues in your post unfortunately.
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25 January 2025 | 13 replies
I see two separate issues.1.
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29 December 2024 | 5 replies
I had a similr issue a few years ago with a property in Cleveland where my property manager hit the same roadblock.
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3 February 2025 | 7 replies
I do own two triplexes in Scranton, and I will say the one issue is that you are going to be taking care of the utilities normally if they are not on separate meters, which could take a good amount of money away from your overall cash flow.
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27 January 2025 | 27 replies
There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.
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23 January 2025 | 16 replies
Some of the issues I have clarified so far from this and other forums:1.
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21 January 2025 | 10 replies
Ensure you have an itemized invoice from the cleaner, which can help justify the deduction.Reasonable Deductions: Long-term tenants often leave normal wear and tear, so I recommend being lenient on minor issues.