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Hi! Trying to set my investing career off right. I always had the opportunity cost mindset and kept low interest debt to save for another rental property. Recently listened to a Dave Ramsey rant and he talks about pay...
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Hi all,There was a thread several days ago regarding a different issue with assigned parking, so I thought I would keep with a variation on the theme.We've got a small multi-family building (4 unit) that has just two ...
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This is an issue I have not yet seen discussed on this site. How do you present yourself to your tenants? I currently drive a 2009 Infiniti G37s coupe. I do not state this in any way to impress, I merely state it to b...
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There once was a squatter that lived in our home; but this ain't Nantucket my friends, it's New York. Home of squatters haven. A state where tenent's get treated like gold and the big bad landlord can bear the cost or...
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How would you word a letter to a tenant who is using a screened room as a storage room?Experiencing tenant with clutter in lanai stacked floor to ceiling seen from the street.Since I have many tenants, I feel like I s...
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I arrived at the home of a potential seller to review their house and negotiate a deal. We had agreed over the phone to a specified time the day before, at which time I promptly arrived. Leaving my vehicle I set the...
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Hi All,
I'm hoping others have had this situation come up with a good resolution. One of the property's that I manage has a shared driveway. This is a new property under my management, and both tenants were...
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I am about to close on my first 2 duplexes this month. In my analysis I budget for vacancy and capital expenses (which I believe most of you are doing) and it comes to about $10k annually for each property.My question...
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Hi all,I'm purchasing an investment property next month (December) (2 units). I want to maximize my tax savings when I file my taxes next April, so I was wondering what I should do til the end of 2022 to maximize my t...
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Hey everyone,
I have potential off market deal from a friend of mine. It is 2 unit building that has potential for a 3rd unit as well. I am thinking that if we could come up with some sort creative financing contrac...