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24 June 2024 | 26 replies
Additionally, for those who have come across your post, does anyone have knowledge about Yardi?
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21 June 2024 | 21 replies
This can provide the funds needed for down payments on new properties.- Cash-Out Refinancing: Another option is cash-out refinancing, which allows you to tap into your home equity to buy additional properties.3.
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21 June 2024 | 13 replies
Additionally, the management of a bigger property does not linearly grow -- what I mean is that a 12-unit building doesn't require four times the management of a 4-unit building.
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21 June 2024 | 14 replies
Provide criteria to any applicants.
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24 June 2024 | 20 replies
Meeting them puts a face to the name and forms a human connection... you're not just after there money. 2) Provided them with a rental application.
23 June 2024 | 3 replies
I hired an engineering company to provide the following for the Floodway Permit:Topographic SurveyFloor CertificationNo Rise CertificateElevation CertificateThe biggest issue for me was the wait time.
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23 June 2024 | 14 replies
Converting to a 2 bedroom and studio may be possible, but is all additional cost on top of structural concerns previously mentioned.We do not have a lump savings to cover the cost for this rehab.
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22 June 2024 | 3 replies
Team,Im having a tough time finding an insurance provider for my medium term rental in Pittsburgh and I'm looking for suggestions.I own the building (triplex) where 2/3 units are traditional long term rentals, and 1x unit is a medium term rental.
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21 June 2024 | 11 replies
While a personal account is acceptable, setting up a separate account specifically for rental income can make bookkeeping and tax reporting easier.Regardless of the payment method, always provide tenants with receipts for their rent payments.Keep detailed records of all rental income and expenses for tax purposes.Consider implementing a consistent rent collection policy to avoid confusion and ensure timely payments.Be aware of local laws and regulations regarding rental properties and rent collection in your area.
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22 June 2024 | 3 replies
You might be asked to pay an extraordinary sum, maybe $5,000, for the program materials or to attend additional seminars and boot camps.Or, you might be tempted by a program that doesn’t cost much only to find out later it is bait to get you to purchase even more expensive products.