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3 January 2023 | 19 replies
@Pat Rach if I were your age, I'd be doing everything possible to prepare for my first house hack (e.g.; saving money for a down payment, analyzing potential house hack properties, talking to mortgage brokers to understand what you need to do to qualify for a mortgage, studying up on house hacking strategies, etc., etc.), and then, as soon as I was old enough to qualify for a mortgage (and had the money), I'd house hack a property every 12 months until I hit my limit of owner-occupant mortgages (usually 10).In my opinion, house hacking a single fam or small multifam property is the single best way for people to get started in real estate investing--especially for a young adult.Why?
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4 January 2023 | 6 replies
(My PM uses Rent Manager software, in case that is relevant.)Last year I manually input all the income plus every individual expense into an Excel spreadsheet, which I then sent to my CPA to prepare my tax returns.
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28 December 2022 | 4 replies
We needed to furnish the shared spaces, and prepare the bedrooms with curtains, but otherwise didn't have to put in as many projects as before.
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27 December 2022 | 3 replies
Also, if you don't plan for the top and the market softens you will already be better prepared for the resale.2.
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4 January 2023 | 1 reply
Minor cosmetic updates needed to prepare for making available to Section 8 tenants.
9 August 2018 | 6 replies
Video use and pictures are becoming so critical.Leo had some good things to say but I would not over-prepare many units that rent by the room Test them out until you totally commit.
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8 September 2018 | 106 replies
Friday you are free after 7 and Sunday until 7 as preparations for the Monday will commence.4 weeks a month . 12 months a year.80%+ of your life you spend working.
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20 June 2019 | 18 replies
I always think it's best to speak with the person if you haven't already and share your concerns to see if you can come up with a resolution.....or find another PM but be prepared for different problems.
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23 August 2022 | 7 replies
I have prepared a summary that I can share with you.
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20 October 2019 | 24 replies
Be prepared!