I recently met with a CPA and he recommended I invest in a hotel for tax purposes. Longer story there, but I've since found a discounted hotel that seems to be a good opportunity. What resources, or people, have folks...
I've had some minor thefts/ vandalism at one of my properties. Its a 16 unit building. I'm considering a system like this one. https://www.harborfreight.com/8-channel-surveillance-dvr-with-4-hd-cameras-and-mobile-moni...
Hey BP! So this is a Fannie Mae foreclosure where all offers were due this morning. I submitted a cash offer for the list price of 127k with 5% earnest money to close in 30 days. This Property is being sold as-is. Com...
Currently in the process of purchasing my first property. It will be a owner-occupied two family home. The Home has the following:First Floor and Finished Basement:(Owners Area)First Floor: 2 Bedrooms, 1 Bath, Office,...
Anyone have an idea of what is a typical management fee for self storage facilities? Looking at a 40k sf building and shopping around for a prop management company.
Also wanted to get thoughts on whether getting a...
I love the concept of a mini-storage facility. It's pretty easy to run, the units are on auto-pay, if someone doesn't pay you simply lock them out until they do, or you auction off their stuff.But it seems more like o...
I am currently using Excel to track all the ins and outs of my rental investments. As much as I love the flexibility offered by Excel I do want to look into a more efficient tool as I start to scale up my business. A...
I have a 4-unit property on a large double lot in an area of town that is seeing excellent growth. I see this is a long term investment, but plans can always change. The back 1/2 of my property is undeveloped. I have ...
Investment Info:
Other buy & hold investment.
This is a mixed use building located in downtown Three Rivers, MI. It has two large apartments located in the upper levels that are run as Short Term Rentals...
Hello Storage Facility Owners and Operators,
I'm reviewing the financials for some properties and seeking your collective wisdom on the operational benchmarks for running these facilities efficiently.We understand th...