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19 December 2024 | 22 replies
Many people start out active because they want exposure to real estate and don't know that you can start out passive - you can effectively hire the asset manager and supply capital to the investment.You can have great success as an active or a passive investor - but it is important to understand the difference and to select whichever option matches your skills and resources the best.Good luck!
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16 December 2024 | 3 replies
You could hire property management and probably still do well although I am not sure of the options in that city.- If I use a 1031 Exchange, does the next property also have to be a duplex?
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8 December 2024 | 2 replies
Air filter also in crawlspace inconvenient for tenants to change.
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19 December 2024 | 55 replies
I would be hiring an attorney to be first in line for any distributions that do come as it's literally first come first serve for people that file suits and obtain judgement first.
16 December 2024 | 20 replies
Here is a guide for our water company that walks you through it: https://www.portland.gov/water/water-efficiency-programs/fin...I'm guessing it would be pretty similar for you, and if you determine that there is a leak by looking at the meter, then you may want to hire the leak detection company.As someone else pointed out, maybe just ask your tenants as well if any toilets are running or "ghost flushing" or if they have noticed any drips.Good luck!
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15 December 2024 | 38 replies
Since ALE hires a company to supply furniture, install washer and dryer but ALE is not on the Lease, this particular situation seems to be a loophole for companies such as ALE to not have liability if their hires cause damage not the tenant.
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18 December 2024 | 15 replies
No renovations, but cashflow negative (wont hire property manager anymore just to breakeven) @$170-18503. 1031 and buy in WA where we can manage on our ownSame problems with others, we have limited cash available. if we do buy on WA , few concerns are:We are intermittently rehabbing our current home to be rented as Nursing Home eventually hopefully in 2 yrs. home in WA are more expensive and would need higher downpayment and it would be challenging for us because our DTI is high already, we would have do to a dscr thats 100k++ DPSorry for the lengthy post, hope to hear from you!
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14 December 2024 | 4 replies
How do I navigate this situation and any recommendations for hiring professional for furnishing and for taking photos.
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19 December 2024 | 37 replies
We hired an attorney to sue him.
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12 December 2024 | 2 replies
If you don't have experience, hire a public adjuster.