Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
First, I looked at the most common solutions: Quickbooks, Stessa, Digb, RentRedi and finally went with Stessa because it was free.
Kris Tohovitis
Multifamily investing advice
8 January 2025 | 9 replies
Real estate investing has been a passion of mine for time with my mother also having invested early on where I likely have gotten the love and desire to follow similar foot steps.I have taken last 6 months to educate myself and currently own a single family home as primary residence and would like to expand to multi family properties (2-4 units) for additional stream of income, not to mention potential tax benefits for long-term investing.Based on current living situation, I have a fair amount of equity established in my primary residency along with having enough cash to either pay off house completely or use towards investing in a multi family property.Given that I'm the sole source of income for our household with my wife being the home maker for our two kids under 2, trying to weigh out risks with getting started now or perhaps waiting.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
Just want to start setting up as if it were. so far i have thought about creating 7 accounts.1) all rental income account 2) account where common utilities and mortgage will be billed3)maintence/capex expenses4)vacancy expense5)management expense (to put the units up for rent)6) property taxes 7)cashflow am i missing anything?
Alex Silang
A development company as a catalyst to drive owner occupancy in a "slum"
3 January 2025 | 2 replies
Everything you said is common knowledge.
Sami Gren
WHAT to do when adding a tenant to an existing lease?
7 January 2025 | 16 replies
An example of that is tenant must pay for additional electric over flat fee / flat limit since now there is 2 occupants in the home instead of originally one.
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
Additionally, those forced to relocate due to the fires should update their address with the IRS to ensure they continue to receive relevant communications.
Balachandar Duraiswamy
Rental property - Advice
7 January 2025 | 3 replies
Helps you stand apart from similar 4 bedroom homes and if you choose to pursue a rent by the room strategy in can create additional cash flow.
Fredrick C. Oesterle
accepting multiple applications
9 January 2025 | 4 replies
Feel free to share updates or ask additional questions.
Stephen Wallo
House hacking the problems that occur and solutions that make the difference
31 December 2024 | 1 reply
There's a specific forum for House Hacking.You'll want to spend some time reading through there as it's a common topic.
Michael Calvey
Stop Screwing Up Your Airbnb Listing Title — Here’s The Fast Fix
4 January 2025 | 9 replies
The only exception I use is when the property is a high-end unit.Informative title makes your property look like a cheap business but it is still way better than common titles like cute, adorable, cozy.If you are charging over 1k per night, I think it is better to give more high-end title like Stay with 30,000 trees, tingle your inner artist with lake front retreatJust my opinion :)