I have been investing in albany, ny and the surrounding area for a few years now. I originally was buying homes off of the MLS listings but recently I have been buying distressed properties and fixing them up and hol...
I have worked with different property management companies. They are charging 7% and 10% of vender invoices. Do you ask the property manager to also provide the invoice that they receive from the vender? Mine currentl...
We've been managing our properties for 2 years now and been doing a lot of the work ourselves to save money, such as yard maintenance, cleaning, unit flips, etc. How do you pay yourself? Is this easily possible withou...
A renter in one of my units is late on paying his utility bill. Actually, my property manager pays it each month and then bills back to him. He’s been late paying it back for the last two months. My question is if it’...
Can someone explain how escrow works? This is all new to me. Let’s say it’s a situation where your principal & interest payment is 200$ per month. Property taxes are 90$ & your insurance is 600$ for the year (...
Hello guys/galsI was just curious if any of you guys have a Portfolio Binder/Continuity Book or something for you rentals? IF you do, what type of documents do you have in this book?
Hi everyone!
I will be investing in my first property (duplex or triplex) in the next few months, hopefully around May, in Sacramento CA. I've been working with an agent already and have started to narrow down my cri...
Would need any advice on my next real estate purchase / ideas after seeing this general scenario:- make around 80-100k, live in NYC, put 3k saving/month away- live in NJ, union city area so mainly looking at Newark, J...
I have tenant who has electricity under his name and I have sign landlord contract with electricity company.My question if tenant stops paying his bill Question:Electricity is under tenant name but will get defaulted...
I just finished watching John Fedro's video (https://www.youtube.com/watch?v=pz7Onln5fNo) on MH Investing and I am a little confused as to how the payments work. If I purchase a MH with a note as he discusses in the v...