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21 January 2016 | 19 replies
Keep some liquid investments like stocks and bonds handy so when that day comes that the world falls off a cliff you don't lose your apartment complex.3 - Do not trust your property management company - there are good ones but you need to be their "overlord" so to speak - quarterly reviews of their numbers, regular meetings with them, etc.4 - Do not buy a complex based on magical projections of future rent increases - only buy it if it the numbers work as is.
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18 January 2016 | 22 replies
they have been there 5 years without a septic cleaning.
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17 January 2016 | 4 replies
I'm so tired of spending so much time installing regular 10mm laminate flooring and the seeing water damage or tenant chips in this stuff.
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17 January 2016 | 4 replies
I also use a website called UECONOMICS, but I would love to find a mobile app that updates regularly.
9 October 2017 | 2 replies
It's slow going to say the least but we are making regular deposits into the business account and opened a small secured line of credit to start building the businesses credit.
13 October 2017 | 6 replies
Embrace the picture rail at the ceiling.My original roof, made of VT slate (this is a common New England material for roofs) could last 150-200 years total with regular maintenance.
7 September 2018 | 9 replies
I have a new tenant moving in soon and need to clean my unit.
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9 September 2018 | 2 replies
Yes then you will have to 1099 them for the interest payment if it is over 600.00 a year.You're referring to regular contractor 1099s.
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13 September 2018 | 13 replies
I use EVOLVE to handle the bookings and a local cleaning/maintenance company that is an EVOLVE partner to handle everything during the guest's stay so I don't get those late night calls.
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25 February 2018 | 8 replies
My goal is to flip regularly with a long term goal of holding multi-family units as rental income.