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31 December 2024 | 20 replies
., through streamlined property management, lower maintenance costs, and improved operational systems), we’ll have the flexibility to adjust rents strategically in a way that supports affordability for specific tenant groups, like workforce housing.Generating Income Beyond Rent:The portfolio’s income isn’t solely reliant on rents.
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3 January 2025 | 40 replies
Point being that property you acquire 1-2 years ago is likely to be subject to deferred maintenance and capex, so their "long term" performance in rankings 1), 3) might skew poorly in year 1-2 but may pickup after you've found and fixed all the hidden issues.I know if i did this exercise across my portfolio, the recently acquired ones wouldn't be fairly "stacked" because of all the year 1-2 cost build up from what the seller deferred, but have good chances at being future performers in years 3-5.Maybe that's why you have 2) and 5) but curious your general thoughts here are for evaluating this.
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20 December 2024 | 6 replies
Quote from @Efrain Flores: Quote from @Tim Delaney: Based on rent of $1500-1600 and mortgage payment of $1700-1800 which doesn’t even include maintenance, management or capex it doesn’t seem to make any sense to keep it as a rental.
24 December 2024 | 2 replies
A typical five-piece surround is held together with glue and caulk, and without maintenance, it will fall apart and just cause you more problems.Instead, go ahead with a two-piece surround or even a tile surround.
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26 December 2024 | 15 replies
To plan investment and future rental goals in Albany, research market trends, explore financing options, understand landlord-tenant laws, manage property early, budget for maintenance, and connect with local investors.
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19 December 2024 | 12 replies
I’m self managing myself but the tax side of it is a little confusing to me but I’m recording everything involved as far as maintenance, traveling, expenses etc. just want to know what some people would do in my situation or what to I can benefit from come tax season @Angelo LlamasI recommend that you find a real estate accountant to help you understand and prepare your taxes.Bigger Pockets is a great place to find a real estate tax accountant.
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19 December 2024 | 8 replies
I mainly want a site that offers advertising the property, online payment options, maintenance requests & at least a basic accounting aspect.Thank you in advance!
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2 January 2025 | 37 replies
One posted about buying a cheap quad, i used her bumbers provided and my maintenance/cap ex to show negative $600/month.
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19 December 2024 | 2 replies
I had a friend who used TrueDoor for a duplex in Costa Mesa, and they raved about the trasparent communicatoin and timely maintenance handling.
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26 December 2024 | 13 replies
A project manager is responsible for overseeing your remodeling project, while a property manager handles the overall management of the property, including maintenance, rent collection, and more.