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7 January 2025 | 0 replies
Rehab Scope:Cosmetic remodel: Painted the interior/exterior, updated the kitchen cabinets and countertops, and installed new flooring.Modernized fixtures: Replaced light fixtures, outlets, and switches throughout.Enhanced curb appeal: Painted the brick exterior, added landscaping, and modern black accents.Timeline: Completed the rehab in just 4 weeks to minimize holding costs.Strategic Upgrades: Focused on cost-effective improvements like vinyl flooring and fresh paint, wh What was the outcome?
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11 January 2025 | 67 replies
And if CA and such has negative cash flow but good appreciation.. then maybe I can find a place that has a balance of both.
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7 January 2025 | 6 replies
@Sebastian NadalI've used Zillow Rental Manager to screen my tenants and have found it effective.
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10 January 2025 | 13 replies
Just remember: most negative reviews are written by problematic tenants.
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16 January 2025 | 26 replies
They should be found early on by talking to other investors or your investor friendly Realtor.It is through effective property management that your money is made besides buying well initially.
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14 January 2025 | 28 replies
My current solution of using Baselane is by far the most cost effective and easiest, but it still requires that I spend time bookkeeping.
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7 January 2025 | 3 replies
I started with the Simple Start plan, but as I learn more about the software, I realize that to effectively classify income and expenses per unit, I need to use Classes and Locations, which are only available on the higher-tier plans.I’ve seen suggestions to use units as customers as a workaround, but I’m curious if anyone else has tried this approach or has recommendations for managing multiple units in QuickBooks with the Simple Start plan.Looking forward to your feedback!
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17 January 2025 | 20 replies
A SFH in a neighborhood with HOA or owner occupant neighborhoods your rental property can stand out in a negative way because tenants don't waste their money watering the yard. 5.
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3 January 2025 | 10 replies
Are there other, more cost-effective alternatives to gain similar support and knowledge?
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6 January 2025 | 3 replies
It's a very simple and effective tool that you can use when evaluating rehabs, whether you're looking to flip or BRRRR.