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What's your favorite credit card/charge card for funding renovations or other purchases on your multifamily properties? Looking more for business cards or lines of credit since spending will be $50K+ per month. This...
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I am trying to negotiate a better management commission fee for my short term rental. For a newly renovated ocean front condo they are wanting 20%. What would be the best way to negotiate down to 18% or lower?
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Do you allow pets in apartments? Dogs are too likely to bark, owners don't clean up after them, and an off-leash dog creates a lot of problems. Then there's scratches on doors, chewed up trim, or torn up carpet to wor...
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OK, I have done a bunch of reading and still finds some of the new rules confusing. So I have a few specific questions on these new safe harbor rules.There are some very helpful existing blogs and threads covering th...
Been following the forum for a few years passively, figured I’d share how our 2019 went with our first BRRRR.
Grew up building houses so I thought a remodel would be a cinch. It wasn’t, at all.
Signed contract in N...
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With rapidly falling solar costs and the 30% tax credit, has anyone discussed the idea of "becoming the utility" for their tenants?Most landlords can have solar installed at no up-front cost & finance it over 25 ...
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@George Paiva and I closed on a different asset class than our single family flips. We purchased a 16 unit in New Britain, Connecticut.We purchased it for $505K (~$31.5K/unit) and average rents are $675. Top line numb...
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Actually not sure if I am in the best category here:
Got a letter from the city yesterday about one of my duplexes. They offer me the opportunity (I feel so special) to make an appointment for interior inspection fo...
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Hi everyone, what percentage of my monthly rents should I be putting aside for future expensive repairs like roof, furnace etc.? For example, if my rent revenue was $2,000/month with $1,000 going towards mortgage, wha...
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Hi all, I came across a potentially great opportunity for a mhp owned by an older lady who’s wanting to sell due to health issues. She’s cash flowing really well but I’ve never invested in mhp, only residential invest...