We just purchased a 36 unit apartment complex and are trying to come to an agreement with the existing on-site property manager around what reasonable compensation is. His request is to be paid full time at minimum wa...
Hi,Does anyone have a checklist they use when signing lease agreement of items to collect from the tenants and to do items prior to them receiving keys to the property? Items such as: Driver License, Call Utility Offi...
First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies. I care about collections, not just bodies in the building. Many property manage...
I'm going through my Lodgify payment settings and was wondering if anyone had thoughts on whether or not having a partial payment at time of booking or charging for the full booking made any difference? My VRBO does 2...
Anybody in Canada doing Small Business of e-waste How do I make Money categorize it separately from Sales Income? While searching the net I found to read certain blogs in Gorilla Bins ( http://www.gorillabins.ca/blog...
I found a 32 unit apartment complex (16-1/1--$500/month and 16-2/1-$550/month) that is enrolled in the USDA Rural Development Low Income Housing Program until 2035. The complex is listed for $675,000 and this price c...
Not sure if this was already posted but got it from my mother who is a real estate agent.
Seems things are in the favor of the Landlord, I remember I faced one tenant who did not know the system well but sa...
Hello all, hoping for some advice on a recent situation. A tenant I inherited when I bought my place (who pays 50% below market rent, and no security deposit or last month's rent via previous owner) just informed me w...
Hi all, I’m currently in contract for a 2-family in Jersey City (newly renovated in B/C area). There are no washer/dryer in either unit, and the closest laundromat is 0.5 miles away. I’m considering installing a set o...
How did you buy your first apartment building? Did you do smaller deals before that to build up capital or did you read books, educate yourself, save up and go starting it to apartment buildings?Anyone here who starte...