Hi, newbie buy and hold investor here! I wonder what's the best way to manage or bookkeep rental income so I set aside part of the money into profit and future expenses such as maintenance, capex, tax, etc.
If I leav...
Hello BP!We are new REIs in Maryland. We are looking at purchasing our first multiple family unit. However, we’ve noticed that most of the multiple family units in our area are very old. Most of them were built in ...
I recently looked at a home that I'm doing numbers on. The only problem is, how do I estimate pest control into my repair costs unless I get an inspection done? Is there any other way to estimate it now or should I ...
With a fairly low income (43k) I have been searching for investments that will increase my income so I can then snowball the larger amount of income into more investment's ultimately creating long term wealth. After s...
Hey all,So I'm in a downstairs condo unit and my upstairs neighbor leaked into our unit, causing a good amount of water damage. We knew something wasn't right because we heard dripping late at night a couple weeks ago...
The duplex I bought was a gut rehab with no shelving, so I installed it myself. The upstairs unit has a walk-in closet and I put a long shelf with a hanger bar on the two long sides and short shelves on the third size...
I have a MFH housing unit. Two units share a washer and dryer. Both tenants moved in within 2 weeks of each other. The Washer and Dryer were purchased brand new in August 2019. The washer and dryer were delivered t...
With the interest rates going up, we're basically starting to move into another bust cycle. And so we're coming out of a boom period where a lot of money has been printed, lent into the economy. Plus we had the lockdo...
Timeline of events2-3 weeks ago: inspection was completed. No issues with A/C unit given in inspection reportDay before close: Buyer did a walk through and notified me that the A/C was not blowing cold. I called an A/...