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9 January 2025 | 116 replies
I also look at it from the perspective of I now have extra cashflow to remove dangerous trees or do preventative maintenance to systems that have higher likely hood of causing damage.For the management I self manage for now so that fee just goes to me.
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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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20 December 2024 | 3 replies
Create systems and processes right off the bat.
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18 December 2024 | 5 replies
For example, one municipality local to me requires a sewer inspection because some houses still have gutter downspouts tied into the sewer system which is improper.
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2 January 2025 | 53 replies
If you are still with CR of Maryland they will transition you to their management system.
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21 December 2024 | 6 replies
There can also be chemicals in the treated lumber that are harmful to the environment.Invest in a good screen or built in door system.
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19 December 2024 | 9 replies
Vote yes/no.I am talking to a true PM lender based in FLA that I'd like to work into my group.
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24 December 2024 | 8 replies
.: It sounds like you have a great system down, and I am sure that you can find some handymen that are in the area doing part-time work and then working at a day job that could be pushed into full-time work on your properties.
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19 December 2024 | 6 replies
Hey Grant- what did you end up doing to reconcile the data entry and system alignment between Buildium and QB?
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23 December 2024 | 15 replies
Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Short Term rental market/AIRBNB.Also if there is a specific group for Australians and short term rentals for Australian market/Australian tax system etc, do point me to that.Rod