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23 February 2024 | 4 replies
Make sure the fee covers actual storage costs, like space and security.Before charging fees or throwing things away, send a note to your old tenant.
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23 February 2024 | 10 replies
It’s definitely a combination of how you operate as well as the actual property and what it has to offer.There is already a lot of good advice on this thread about regulations and looking at comps - you make your money when you’re buying so don’t rush into something you don’t fully understand or have the answers to!
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25 February 2024 | 22 replies
Underwriting: Fully transparent and is it actually conservative?
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23 February 2024 | 2 replies
These are usually small things, like a slow leaky toilet, some loose handles in the kitchen, maybe the shower diverter isn't working well (we have very hard water here so its common).While this is rather/sort of embarrassing, I THINK bBy getting them fixed quickly it actually shows that I a landlord that intends to maintain my properties and provide at least a decent place for my tenants to live.To save a bit of money, I change out the locksets on the door myself.
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23 February 2024 | 14 replies
I also notice that property managers tend to do block viewings, they will show it to bunch of people and sometimes coordinating everyone’s schedule means that it may be some time before the “actual viewing”.
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23 February 2024 | 62 replies
Shoot me a message and I will send you the link.The meetup is actually tonight and typically the event is catered
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22 February 2024 | 3 replies
Does anyone know what you have to do on a tax return if the assets were incorrectly entered for a rental unit that actually belongs on another rental unit?
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21 February 2024 | 20 replies
., tax lien) is sold at auction, are charged 18% per annum.197.432 Sale of tax certificates for unpaid taxes.(6) Each certificate shall be awarded to the person who will pay the taxes, interest, costs, and charges and will demand the lowest rate of interest, not in excess of the maximum rate of interest allowed by this chapter. [...]Translation: Florida is a bid-down interest rate state.
25 February 2024 | 19 replies
It depends on a variety of factors like tax brackets, what you actually want to invest for the long term in, stuff like this.
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23 February 2024 | 387 replies
@Mark S.Regarding $250-350 cash flow per door - I don't think that's actually very high?