Ty Kashmiry
Propane tanks and use for six unit
3 December 2022 | 3 replies
We moved two tenants in the fall, and they have had many issues getting tanks hooked up to the correct unit and some other minor annoyances.
Melanie Stephens
Seeking Biggest Mistakes and Lessons Learned Stories (Again!)
28 January 2022 | 134 replies
The call from a big box store telling us our material was on hold because they hadn't been paid and that they had just called the police on our contractor for taking a shopping cart full of tools without paying for them.It turns out that shortly before we paid our contact for half the cost of the roof, stucco, and deck, his Ponzi scheme began to fall apart.
Brian Barch
How early does your average guest book?
2 December 2022 | 8 replies
We also have some 2024 bookings, that makes them 18 months.We do get 3 day stay bookings that fill in the calendar for spring/summer/fall that are usually 2 weeks to 1 month ahead of the arrival date.
Adrian Washington
The pursuit of my first property... that’s also owner financed
1 December 2022 | 1 reply
If so then over time, and the option to refinance once the market changes, this should be a good first step.Always have reserves, and never "fall in love" with the property.
Aditya Vaishampayan
Landlord is asking for replacement of 15 year old countertop
1 December 2022 | 17 replies
Not a tax expert but I believe countertops would fall under the 7 year depreciation schedule and so have a zero basis at 17 years.
Morgan Pierson
FHA Multi-family loan limits?
1 December 2022 | 1 reply
I am currently looking at a few properties that meet the requirements, but they are significantly more expensive than a property with 4 or fewer units that would fall under a traditional FHA loan.
Carini Rochester
Took possession of three unit apartment today. Top Priorities?
1 December 2022 | 8 replies
But I still require problem tickets in my maintenance software for issues so that stuff doesn't fall between the cracks.
Dominik Perrenoud
How Do You Not Let Your Expenses Grow With Your Income?
9 May 2020 | 46 replies
Still don't spend a lot, we both stack little piles like squitrrels in the fall.
Brandon Bass
Please Help Understand/Analyze Seller Financing Offer
28 November 2022 | 4 replies
Moreover, sellers can expect to get a premium for offering to finance, meaning they are more likely to get their asking price in a buyer’s market.Seller financing rises and falls in popularity along with the overall tightness of the credit market.
Cody C.
New neighbor constructing next to me...
2 December 2022 | 2 replies
Having been through this a lot in my career people tend to over react and find some drywall cracks and think their house is falling down but the cracks have been there for years because drywall cracks and houses do settle.