When managing a rental property, here are some common maintenance expenses to be aware of.

Hello , I have a rental property in memphis and now planning to get second one.I need to understand if I cash-out-refi my first property and put the cash downpayment on second one , Should I consider that as 0% downpayment Or 20% downpayment to calculate if the numbers make sense.Also suggest if I should do it at this point or wait some more time.

They find the property, manage the renovation and furnishing then manage it.

I currently only have 1 duplex, however I want to set this up right so it will work for any size portfolio.Currently I haveHome folder>multi family/single family/legal documentsInside the multi family I have Name of property-> general property maintenance/first floor/second floor Inside of first floor (the one currently rented)I have, pictures (before and will have after) / lease documents / a spreadsheet with each month, what day rent was paid, if it was late, if late was fee paid?

That way each property is protected from each other.

Hello, my situation is simple but the agent made complex. I put in an offer in a house after talk to the sellers agent she set the terms, we accepted all the terms them she add that the “seller” would not pay for the ...

@Ellen MarshallTo calculate a net monthly cost of $800 for a duplex house hack, input rent and property expenses.

Quote from @David Griffin: Quote from @Corby Goade: Why are you asking them for permission to perform repairs on your property? 

I actually just sold an older property because there were too many repairs, so I was hoping to find something more hands off as I am an out of state investor. 

2️⃣ Property Tax Deduction: Claim up to $10K for state & local taxes.3️⃣ Capital Gains Exclusion: Sell your home?