Dallas Hoover
first car wash purchase
1 January 2025 | 4 replies
I helped a client get a combo car wash- self storage property a few months ago here in DFW.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.
John Cooper
Difficult Tenant: Escalating Issues & Safety Concerns
25 December 2024 | 10 replies
You say things like "It was understood that I would continue to utilize the garage and one room for storage as I transitioned to living out of state."
Phillip Austin
Should I fire one of my owners?
3 January 2025 | 8 replies
.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.
Stephen Fleming
Newbie Plan. Thoughts?
14 January 2025 | 6 replies
I don’t want to house hack as if I did that I would have additional expense for storages.
Jonathan Chan
How Are You Using your SDIRA?
28 December 2024 | 6 replies
Other ways of using SDIRAs could be to invest in syndications, performing or non-performing debt, precious metals, raw land, precious metals, mobile home parks, self-storage facilities and more.
Deepak Malhotra
Fourplex in Kennewick Found With Letter Writing Campaign
23 December 2024 | 5 replies
Seller used one of the units for storage.
Sat Palshetkar
First time real estate investor in Windsor
27 December 2024 | 4 replies
I wanted to share the numbers and want to make sense if it's a good deal for us according to what we are looking for.Price: $450k (agent said that we can get it down to $420k)2 Units (1 bedroom in each unit)Mortgage with 3 year fixed comes up to around $2.3kInsurance and tax is roughly $400Rent per unit is $1.4k so if we move out then total rent comes up to $2.8kThere's a detached ADU (garage) that can give us another $100-$150 if we rent it for storage and there's a scope of converting it into another unit later on.So currently rough calculation says that it can cashflow up to $300 per month.
Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
Send a notice: The landlord can post a notice in a visible place and send a notice by mail to the tenant's last known addressRemove belongings: The landlord can remove the tenant's belongings and store themRecover costs: The landlord can recover the costs of moving and storage from the tenantSell belongings: If the tenant doesn't claim their belongings, the landlord can sell them at a public sale(End)Please only communicate with the tenants - all of them - in written form only so it can be used in any collection/court engagement.
Mackay Oakey
What are your Real Estate Investing goals in 2025?
27 December 2024 | 22 replies
I had moved away from flipping for several years, but my life circumstances have changed and, fortunately, real estate provides endless opportunities to pivot when needed.