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30 October 2017 | 4 replies
I'm a licensed real estate broker/investor serving central Indiana, and I've primarily only dealt with single family.
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15 November 2017 | 18 replies
Stihl chainsaws and Husquvarna weedwackers have always served me well.
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11 June 2020 | 34 replies
It improves your property value and attractiveness for new tenants.Worst case scenario, you are able to serve a "Notice of Breach of Contract" to tenant (asap) and evict.Do NOT just wait, address this now, you have to set the correct expectations aka train your tenants.
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4 December 2017 | 1 reply
Currently bouncing around some ideas on how to best serve my investors in DFW, Texas (Arlington, Grand Prairie, Mansfield, Ft Worth, Dallas) and create win-win opportunities.Where else would you come to get investors opinions?
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3 January 2018 | 19 replies
Next time they are late serve the pay or quit notice asap.
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6 February 2018 | 3 replies
In some cities, you can call the local utility company that serves the property and ask them for the average bill (water, electric, gas) for that address for the last year and you may or may not get that information from them.
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7 April 2018 | 9 replies
“Balance sheet” and “P&L” is what your cpa will come to rely on.
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10 April 2018 | 14 replies
My rentals all run their own P&L and accounting.
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6 January 2023 | 14 replies
On the plus side- you’re clearly learning how the P&L of an STR works, which is a great step in the right direction that unfortunately many investors learn *after* they’ve made the purchaseAnother thing to note: don’t “cook the books” in your underwriting by undershooting cleaning expense (if using Airdna) .. you should be changing your ADR dynamically to boost occupancy in order to *maximize* revenue .. but this in effect “maximizes” cleaning fees as well ..
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8 January 2023 | 10 replies
Quote from @Kristen L Garner: Hi Jean, welcome and best of luck with your buy-and-hold plans!