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I'm hiring a property management company to run my first multifamily property. What questions should I ask and how do I monitor the tasks they are performing. (Ex. If I wanted to see which tenants are paying on time ...
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Hello all,I am having problems with my Property Manager. He has not been providing the owner statements and has not deposited the rent in my account despite number of emails and phone calls. He seems to be avoiding di...
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I would like to get into commercial apartments (say 20 unit) - but the only way to raise the cash would be to sell my residential multifamily properties. I have 4. I could likely then raise 200k.
Should I sell? Is i...
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I know there are lots of discussions on this topic but I haven't found one that completely fits our situation.
My brother and I are looking into forming an LLC to fix and flip with the plan to buy and hold on...
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I live in California and own some properties in Texas. I hear a lot of people talking up out of state investments. I'm sure it works for many folks, but I'll give a counter-point here. I have a highly vetted, and h...
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I have read through many threads and get the idea that many people are under the impression that they can deduct their own time on federal taxes. By own time I am referring to completing required repairs, managing ren...
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Question: #1 What to do with a "sensitive" tenant who is requesting a lot of maintenance on my property which is being managed by a property manager?#2 How do I know if this is due to a "bad" property, poor rehabing,...
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This is a property that I put an offer on in Yukon. I am not considering property management. Got all the financial data in place. I already did my due diligence on the property. Looking for an advise
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I was wondering which software you use to manage your rents, notes, or properties? Quicken is the first thing that comes to mind but I don't think it is specific to what we are looking for. Any ideas?
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I finally have my 2nd rental under contract. Set a goal this year of 4 units and currently half way there. Details: 3/2 single family. Arv 135,000Purchase 72K Rehab budget 25K Rents $1400Thoughts ?