Chris Ferren
Partnering with a GC
So I'm currently looking for my first flip project and am getting more serious about writing my first offer. I have set up my LLC which will be will be taxed as an S Corp, found a great CPA who specializes in working...
Ravshan Iskhakov
How do you personally manage your property?
Hey Guys,
As part of DIY discussion, how do you manage your own property and why (or why not) you prefer (or do not prefer) property management professionals to handle it?
Do you use any property management softwa...
Jonathan Hasan
Recommendations for learning more about how to to be a handyman?
Hello EveryoneI am trying to expand my knowledge in fix and flip by learning about how to handle repairs, cosmetic procedures etc. I have heard from some books I have read about "Home depot university" where you can g...
Tracy Zhen
Lease Renewal with Another Yearr, or stay with Month-to-Month?
Hi,
I rented out my mother-in-law, which is slightly higher than market value. The lease is ending in a month, but I would really hope to keep the current renters as long as possible. They are just great renters. ...
Ryan Kerrigan
New Tenant Requests
Hello Forum,This is my first post after lurking around a bit, and was hoping I could get some direction. I currently live in a house hacked duplex, and rented out the lower unit roughly a month ago. This is the 3rd te...
Mark Green
My first 4plex in Rhode Island...now what?
Hi all,So I just purchased my first buy and hold down in Pawtucket, RI. It's no taj mahal, but needs no major updates/upgrades. It came with 4 long term tenants (6 years to 19(!!!) years) on the property. All have pai...
John Matthews
Separate Hot Water / Heating
Ok, so any suggestions on how best to solve these issues:This property is a triplex (maybe quad with an efficiency), converted from a SFR, so it's got one hot water heater for the whole building, and one temperature c...
Calvin D.
Tenants did not inform about running toilet, huge utility bill
I have some young tenants in a main floor of a house. They are respectful and nice, but did not think to inform me that the toilet was running all the time, though they noticed it was “always making noises.” I just re...
Charlie Claxton
GA Short-term housing operators, investors, those with interest
Hey all!I thought it would be fun to start a conversation for those currently involved in the corporate housing (short term) business. Would love to hear from anyone who is already in the business- their experience (g...
Victor Lebegue
Minneapolis, St. Paul, MN Utilities
Hello everyone,I looked at a 2700 sq. ft. property today and I need some advice on utilities. I'm trying to break down expenses to get an idea of cash flow every month. Currently the building is vacant. It has 8 units...