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We are all about trying to automate, systematize, go-paperless, as much as possible. How do you accept written communications from your tenants? For example, when requiring a written Intent to Vacate notice form, do y...
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Hi,I had this question in my mind always whether I should serve the legal notice every time tenants late with rental fees. I have been communicating to them via text messages so far, and also receiving payments with e...
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I've been of the mindset not to waste my time chasing pennies from tenants that move out leaving minor problems but in the past year I've had 2 tenants that have moved out & broke lease early that have cost us $5k...
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Hi all!My tenant put up a satellite dish on the roof without my permission just DAYS after I had just put up a new roof on the property. Of course this had to be bolted into the roof so when he leaves and takes the...
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So Im searching the forums but cant find the answer yet. I know hard money loans are the last thing you really want to go to. My question is tho if you buy and rehab a house with hard money and after the house is fini...
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Newbie question here- do I pay income tax on investment income? I haven’t heard it addressed at all yet in the podcasts and other materials I have come across.Thank you!
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I sold off a chunk of my portfolio in 2021 due to a heart attack (needed to slow down). I thought I would pay on the proceeds as the money came in, not the full sale price before any money had actually been paid on th...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Silverton.
Purchase price: $362,000
Cash invested: $7,200
Purchase price $293,400 through an FHA 203k rehab loan. 3.5% do...
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Hello,My insurance agent offers me the option to insure a flip house for the estimated investment including repair costs or... the estimated value after repairs.purchase house for 30k rehab for 10kpost rehab value is...
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Should I get an efax account. Or just a regular fax machine? Or both? Could you reccomend an online fax site?