When looking for contractors to fix up a piece of real estate that you bought, where do you look/how do you find the right people/companies to do the job? And are there people who can do pretty much everything so you ...
Looking for ideas on how to market properties. I know many property managers use before and afters of updated properties, as well as showcase their available properties online. But I'm curious to know if there are oth...
Hi all,I've been reading about the Passive Activity rules that prevent passive losses (eg Depreciation) from being offset against ordinary income. Unless of course, the taxpayer shows material involvement and claims t...
Hello,I own 2 rental properties with a partner and also have a W2 job. My wife doesn't work but doesn't have a real estate agent license. She work on the rental properties in many ways. But her name is not on the prop...
This is a topic that gets tossed around a lot in the investing world, but I personally have never actually seen/read a real in-depth discussion on this aspect of real estate investing: Should you (and why should you) ...
Hi, I've moved out of state and turned my previously self-managed rental in Highlandown into a property managed rental after the tenants moved out. As part of the process for getting a new tenant, they sent a contract...
Ive done done two flops. 1st one, I hired the wrong contractor, myself. 2nd I hired the wrong contractor, wasn’t at the property enough, our contracts were terrible, bad communication, we gave way too much money upf...
Maintenance is one of the biggest challenges, maybe even #1, in the Property Management industry.Seems maintenance is, Never Fast Enough for Tenants, or Cheap Enough for Owners!One of the biggest challenges for everyo...
For labor we were thinking of using our business checking account to wire money or even use Venmo through our business account.For things such as furnace, flooring, paint, lighting, etc. we were thinking of using our ...
I have a 4unit and have agreed on paying my property manager 8% of rents collected. My understanding with this is they are generally responsible for rent collection, tenant management, repairs & maintenance (small...