Hello all. I am located in Fargo, ND and currently have 62 units across 16 properties. I am using third party property management at 6%. The items I find myself needing consistently are cleaning, maintenance, lawn s...
Hi All! When it comes to vacancy, what are you doing with the loss for that while your unit is on the market?
For example, I have a unit renting for $950 a month, which means daily it is around $32. If a week is vac...
I’m in the process of getting my house ready for sale and my property manager only notified me of two discrepancies but failed to mention the 5 other big things like damaged hardwood floors. The tenants already lost ...
Hello! I'm about to close on a 4 unit and I'm trying to furnish two of them as MTR's but I'm out of state. I wanted to ask if anyone's furnished a property remotely before - who helped you set up the furniture? I've c...
Hey everyone,I am keeping with the preparation for equipping my first short-term rental with multimedia and furnishing, and started to wonder what is the best way to add wireless speakers in a listing without the abil...
So I'm ready to buy my first SFH rental, but I'm struggling with a few things. I want to know what expenses I MUST account for when calculating rental income minus expenses. (Tax, Insurance, etc.) Also, how do I know ...
I have had investors contact me recently, but they are new. Some of the jargon is unfamiliar. Their methods of determining whether it's a good value differ (i.e., ARV - I understand this method). Also, some base their...
Here is the property I am purchasing in Santa Fe, New Mexico:https://www.biggerpockets.com/calculators/shared/5...The asking price was 340k contingent on inspection. I have already done 1. inspection, 2 sewer scoping....
While there are many great facets to commercial real estate there are also many differences compared to residential (SFR or multifamily). Before you consider getting into the commercial side, I urge you to research...
I am slowly strategizing my plan for STR. Most of my personal experience with STR was after a cancer diagnosis and I had to be in Houston often. I’m not a fan of hotels so STR was a blessing. Now looking back, I kind ...