Ozzy Ordonez
Myth: you can control your real estate
Yes you own your property and you are in the title, but let's examine , if you really can control the ROI.1- Can you control turnover?- very expensive by the way......my answer ..no2- Can you control the outcome and b...
Chris Clemptor
Apartment manager didn't assess my apt until 2 weeks after move out
When I moved in to my apartment, I decided that instead of giving a refundable damage deposit of 1000 I took the option of paying a non refundable 300 fee prior to move in so I wouldn't have to deep clean the apt when...
Account Closed
Lease transfer with home sale
Does anyone know the best method to securely transfer a lease and security deposit during a home sale? I have a friend whose property in northern Virginia currently has a 2 year lease on it, which most home buyers wil...
Rajagopalarao Paidi
Any recommendation on forming out of state LLC or Home State LLC
When I have a property out of state, is it recommended to form LLC in the state where I have a property ? or we can manage through the home state LLC, any prod and cons Please ?
Pat McQuillan
How to max out write offs for out-of-state investment property
Hi Everyone,I'm based in CA and will be buying an investment property in MA/NH/RI in the next 6 months. I will not be using an LLC and so will pay landlord insurance and be able to make deductions directly from my per...
John Boire
WA Tenants Protected from Discrimination BasedOn Source of Income
I live in Washington State which is very tenant friendly. I have read and used The Book on Managing Rental Properties as a reference and have always approached the Section 8 question from potential tenants with "inco...
Lexie R.
New to Landlording and Perplexed
Ohio, first multifamily. I'm almost 48hrs into landloring with 2 inherited tenants. Im struggling to understand why they wont give general information. They were inherited with no proof of rent's but have been there f...
Ananda Wasan
HomeUnion vs. Roofstock vs. Memphis Invest
Does anyone have experience with buying a single family rental or a multifamily rental with total price under $350K through Home Union, Roofstock or Memphis Invest? Thoughts? Experience?
Scott Houin
Property Manager Not raising rents as requested
About 6 months ago I reached out to my property manager in writing and ask them to raise rents on all my properties by $25. I reminded them to do this about a month before each lease renewed. When I got my lease re...
Gary B.
Daily work order management
I just bought a 27 unit complex. I am new to complex of this size and looking for recommendation on best practices to manage property of this size. 2 things that i need advice one:1. Late fees: How to avoid that prope...