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31 January 2025 | 26 replies
I marked it spam as I saw the time on the inquiry ticking.
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3 February 2025 | 3 replies
Hi all,I currently use RentRedi and am trying to deal with the following situation:- I have a bunch of prequalifications and applications in my queue- I've accepted one tenant and filled the unitMy question is, "How should I mark the others down in the software that would have passed my screening standards?"
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12 February 2025 | 13 replies
Many firms will offer bookkeeping, but they outsource overseas and mark up the price.
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20 February 2025 | 9 replies
Mark Kohler has a conference in SoCaL this spring.
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11 February 2025 | 11 replies
You can also post the Notice on the door in a sealed white envelope with her name on it and marked Confidential.
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28 January 2025 | 27 replies
Quote from @Matthew Irish-Jones: Quote from @Mark Cruse: Yes, there will be more expenses above what's mentioned here but if this is done properly it can be kept to a minimum.
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8 February 2025 | 8 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan I proposed to my husband:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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9 February 2025 | 12 replies
I am finally at my two year mark not being W2 so if I can skip past DSCR loans and the such that would be much preferred as I dont want to pay the fees if I don't have to as I am trying to get some money I put into each unit to renovate back out of it.
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2 February 2025 | 2 replies
Quote from @Mark Updegraff: David, this deal could work, but I’d want to dig into a few things first. 80% occupancy with long-term tenants is solid, but what happens if a major tenant leaves?
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28 January 2025 | 4 replies
Quote from @Mark Hafner: My tenants just notified me that their unit got broken into and money was stolen.