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15 January 2025 | 8 replies
The Property Manager usually does light cleaning and repairs between tenants.Recommendations or another way to think about this?
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18 January 2025 | 10 replies
There is a 'comp' listed for $200,000, but it was sold as-is and needed great repair.
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31 January 2025 | 12 replies
., guest communication, cleaning, or repairs), and hours worked.
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7 February 2025 | 22 replies
I personally would sell the house - it's negatively cash flowing ~100/month, if you were to add in repairs/maintenance, CapEx, vacancy, rising insurance/property tax costs I would think you're actually losing more than you estimate (luckily it's new so you are on the very low end of that right now).
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25 January 2025 | 91 replies
I created an electronic google doc time tracker: Time LogContemporaneous time log of rental real estate activitiesActivity DescriptionTenant recruitmentTenant screeningNegotiating and executing leasesOverseeing repairs and maintenanceCommunications with tenants and vendorsTravel timeResearch for potential rental real estate (pub 925)Acquiring rental real estate (pub 925)Paperwork/bookkeeping/bankingResearch and purchase of materialsRent collectionEvictionOn-site cleaningBill paymentOther:Time SpentDateMM/DD/YYYYSubmit
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26 January 2025 | 17 replies
Any MF of the quality and size (50 up) I would have been interested in would have been cash flow negative for the next 5 years or so, even with 30% down.
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6 January 2025 | 5 replies
From there, adding discipline will get you to where you want.Instead what you're doing is advertising you have money, no knowledge and are going to have the average BP RE agent(bottom of the barrel quality) come here to promote their services with no regard.
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20 January 2025 | 1 reply
This property is ready to welcome its next owner with no repairs or updates needed.
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10 January 2025 | 15 replies
As you already know, the quality of the investor agent will speed up your learning curve, and save you money, time, and headaches.
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27 January 2025 | 9 replies
Renting at FMV allows you to deduct mortgage interest, property taxes, repairs, HOA fees, and depreciation against your W-2 income, potentially reducing your overall tax liability.