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14 September 2020 | 52 replies
Fan Bi L/A, Maine can be a goldmine if you manage it correctly the issue is the tenants you get. it is definitely a D class area and many of the building are Z class(being sarcastic). its like most places with low point of entry a lot of work.
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30 September 2019 | 9 replies
@Emily Hill if you’re a raiders fan PM the address and I’ll send you the address I get from DealMachine, gives you a good idea of how the app works and you can try it if you want.
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23 September 2019 | 3 replies
There will be ongoing expenses on a monthly basis and rehab more frequently.
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22 September 2019 | 6 replies
I have a couple who have done numerous "upgrades" (ceiling fan, flooring, vanity, etc.) with no issues.
21 September 2019 | 1 reply
It is likely too late at this point, but for future reference, it would be much better to lose the popcorn ceilings and do a smooth skim coat or even a light texture on the drywall for the ceilings.I'm not a fan of the yellowish looking paint (although it may be nicer in person than on screen/photos) and the two colors in the bedroom don't flow well.
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11 February 2021 | 20 replies
RentHero: A simple and low cost replacement for QBO built specifically for rentalsSimplifyEm: Looks good but has a bunch of fees when under 50 units that rule it outAppFolio: Is good but needs 25+ units to be worthwhilePropertyware: Looks promising but has implementation costs and wouldn't be viable short of 25 unitsBuildium: Personal experience here that I am not a fan but will do all that is needed.
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26 September 2019 | 8 replies
I see properties in Ogden that are 2 homes on one lot pretty frequently that are considered multi unit.
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3 September 2020 | 14 replies
The answers have been varied with a LLC mentioned most often.But, because of the $800 annual tax CA imposes, a business trust has been mentioned next most frequently or out-of-state, "foreign" LLC's, which although cheaper to implement can have expensive drawbacks (extra tax return, costs if legal action out-of-state, etc), I've been warned.My seed money is $15K of a $20K non-earned lump sum from Social Security.
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25 September 2019 | 34 replies
To my surprise, the tenants would often come up with something I didn't think of such as "We would add a ceiling fan to the master, or upgrade the outside lighting".
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22 September 2019 | 0 replies
TOTAL MODERN RENOVATION INCLUDING INTERIOR/ EXTERIOR PAINT, MARBLE QUARTZ COUNTERS, CUSTOM BACKSPLASH/FIRE PLACE SURROUND, CUSTOM CLOSET, LED LIGHTING FIXTURES, FANS, PLUMBING FIXTURES, CUSTOM SHOWERS/ TUBS, CORDLESS WINDOW COVERINGS AND HARDWARE THROUGHOUT.