
2 May 2024 | 8 replies
Fund managers do not care about individual investors unless they make up more than 5% of it, and if you're an individual investor that is more than 5% in a fund you just put yourself in the aforementioned risk territory.

29 April 2024 | 10 replies
hi so my tenant filed complaint about the place is unhealthy and now I got a letter from the health department saying I gotta correct the following list. so first complaint is smelly odor from fridge, they told me to fix the odor but my question is isnt it the tenant responsible for their fridge and not me?

1 May 2024 | 14 replies
Talk and connect with pros, other investors, people who lend money, agents, and builders to get great tips and chances to work together.

1 May 2024 | 2 replies
Be careful with overbuilding; often, it does not increase the value as much as you would expect.

29 April 2024 | 5 replies
If she sells the property before that date, she would not qualify for the full exclusion unless she meets certain exceptions such as unforeseen circumstances like job loss, health issues, or other qualifying reasons outlined in IRS Publication 523.Regarding prorating the exclusion, unfortunately, there's no provision in the tax code for prorating the exclusion based on partial years of ownership or residence.

1 May 2024 | 11 replies
I don't care where the payment comes from or if it is split into multiple payments.

27 April 2024 | 2 replies
I'm going to be as lenient as possible I just worry that she could fall 1-2-3 months behind and it's just a really delicate situation to try to collect when she's having major health issues.

30 April 2024 | 27 replies
I have been a landlord and investor for over a decade AND also work as a senior/regional property manager so I feel like I see both sides and have some good insight on this- manage yourself if you have the time and fortitude to do so, you will make mistakes but it will pay off, get a real estate license (not hard to do plus you can sell and buy properties and get commission) and know the laws, be willing to do the research, NO ONE IS GOING CARE AS MUCH ABOUT YOUR PROPERTY AS YOU- that being said, not everyone wants to has the time ect or headache or likes asking for rent…FIND A MANAGER THAT ALSO IS A LANDLORD INVESTOR, I can’t tell you how many property managers I’ve tried training and that failed at our company because they just don’t get it from an owner or investor side, like “no tenant we aren’t going to come replace your stove again, no we aren’t going to clean your bathroom cause you didn’t , ability to analyze when to do maintenance and not, ability to explain to tenant owners POV, I tell every owner I am not telling you anything I haven’t done or I’d do my self, a lot of property managers are blue colar type workers and have never invested in their life and just done get it, 4 out of 5 property managers fail at my company because of this especially for single family homes, find a PM with speciality in SFH for your area, for example, a PM in Birmingham MI (upscale area) will fail in Detroit or lower end markets (but that’s were the best ROIs are)
1 May 2024 | 7 replies
There will be vacancies, there maybe those who don't pay timely, tenants generally don't take care of your property as you do, evictions are necessary at times.

30 April 2024 | 28 replies
Some lose their shirts, destroy their health, and even ruin relationships.