So we have two single family houses and a condo with a 100 hoa fee. I always hear on different podcasts I listen to that they would never buy a condo, but why? because of the hoa cutting 100 bucks of cashflow? i kin...
Hello all,My question is simple - what methods should I use to determine the best price point for a unit? I've researched apartments.com and have called area apartments to determine rate ranges. Just wondering if ther...
I wanted to see if anyone's property management software provides the option to run a Profit & Loss/Income Statement that shows the breakout from Potential Gross Income to Effective Gross Income, including vacancy...
Hi y'all
Recently purchased my first multi-family home last month with my sister and are looking for renters at this time. I am trying to get some information from experienced landlords how they have split up utilit...
For new carpet installed in rental, should I report as expense or capital improvement and depreciate when preparing taxes? I've read there can be an argument for either. Of course i would like to expense it but I don'...
I just acquired a rental with an existing tenant in one side of the duplex so after trying to offer her a new lease at current market rate and giving her gradual increases of $150/month instead of going straight to $1...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cleveland.
My 2nd major kitchen renovation in my multi-family home in the historic Tremont area in Cleveland, OH. This is a great ...
I am sending out notices to some tenants informing them of higher rents that will be starting in a few months from now. My concern is that they will still pay the old rent when it is time for the increase and then if...
Hey, everyone. 24 year old new grad Physician Assistant looking to build some serious wealth. I'd love to get my foot in the real estate door via a house hack. I've been seeing a bunch of homes in the 550k-750k range ...
I own a duplex where I pay all the utilities for the tenants. Each unit rents for $700, but I added $175 "utility charge" each month making total monthly rent $875. Historically, total utility costs have been right ar...