Jordan Laney
PM changed the utilities too early and now we're stuck holding the bag
8 January 2025 | 38 replies
While it’s common for PMs to switch utilities to avoid service interruptions, the mistake was not monitoring the usage or cutting power to unnecessary areas once the tenant overstayed.
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
If your estimated rent from a property pays off the Mortgage + Maintenance + Property Tax + Insurance.
Jose Martinez
32 Rentals – What’s Next?
14 January 2025 | 2 replies
Is your $$$/mo CF a true CF, or is that your net right now without any maintenance coming up?
Teslim Salami
Cash Flowing Rental Property
12 January 2025 | 5 replies
Through proactive maintenance, efficient tenant placement, and careful financial management, I optimized rental income and ensured a steady cash flow.
Janine Sharma
1099 or W2 for onsite MHP property manager?
12 January 2025 | 7 replies
Their dollar compensation is their free/reduced rent.If you have a lot of maintenance with landscaping or POHs then you hire them as an hourly employee.
Kevin Hoover
Limited partnership to TIC - Can a child get joint property without capitol gains?
1 January 2025 | 4 replies
The mechanism would allow the property to be re-deeded to all of the LPs as tenants in common.
Spencer Dixon
Property manager recommendation
20 December 2024 | 4 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
Tanya Maslach
Who pays - Landlord or tenant?
11 January 2025 | 15 replies
Your maintenance budget should be 10% * $24,000 = $2,400 Make the tenant happy!
Moshe S.
1031 my portion or total sales price
11 January 2025 | 6 replies
Whereas if you and the other investors held ownership as TICs (Tenants in common) then you could sell your portion and do a 1031 of your portion while others did something else.
Tyler Kesling
Funding Your First Deal
7 January 2025 | 16 replies
Insurance is expensive, there is a lot of extra maintenance like painting or electric in common areas that don't apply as much with smaller units.