I have an interesting success story to share.A number of years ago, I posted about a 20 room motel in Central Florida that was a bank foreclosure listed for sale for $160,000. I ended up winning the property for $180,...
What is the better software for managing rental houses. Quicken Rental Management or Quickbooks Pro 2016. I did see there is a small forum on this, but I still cannot make a decision. Any further help on this would be...
I have been wanting to own rental properties for years now, but have never had any semblance of financial stability to do so. Recently I have gotten that a little more under control, and was introduced to this site. I...
I'm trying to have to avoid paying a locksmith every time a tenant moves to re-key the locks. Which locks do you guys use that you can re-key easily yourself? Thanks!!
Guys, my business has grown to a point where I need some help. One of the positions that I want to fill is that of a project manager, who will, in fact, be a bit more than a typical project manager. How much do you ...
I'm not at the point where I think purchasing a truck/van to haul supplies (-ie, lumber, cabinets, water heaters, etc) is justified. However, I do need to find a way to haul large items from Lowe's/Home Depot to my p...
Do you ever let good tenants (keep units in good shape, get along with people etc) fall behind in rent without doing evictions when you have many units? For instance the cost of a turnover usually is a few thousand, ...
Up until this point, I have only flipped houses, but I want to begin searching for rental units to purchase. I have heard it is best to start an LLC for each rental property you purchase, so that if you get sued, they...
Hey guys, I was wondering what your take was on this situation.
I'm thinking about buying a few older rental single family homes vs buying a newer home.
Here are the specs.
Older House
Built: 1950 - 1970
Cost: $40k -...
Do you pay per box? By linear foot? And how much?