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For those of you that own properties out of state, or that are relatively inaccessible to your primary residence, how do you deal with repairs and maintenance? Do you typically use your property manager for a major...
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After this year's tax bill I need to do something different to reduce my tax liability. I reached out to the Tom Wheelwright CPA group "Wealthability" I spoke with the representative and he said all the right things, ...
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I am trying to figure out this difference between these two pros. I saw a Youtube video about this topic. I am also concerned my CPA may not have enough knowledge how to save me the most in taxes, and or educate me on...
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Hello,My family owns 105 single family rentals with an average rent of roughly $650-$675. The tenants who generally rent from us are working in low-wage industries or collecting SSI disability checks. My father has c...
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What percentage of monthly income do you budget for repairs? (Small multi unit family)
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Hey all, I tend to be proactive and I've been thinking about future vacancies. I'm currently full and my longest vacancy has been 2 weeks (my rate is currently 3.8%). I want to know what you guys do when you're full? ...
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Hello all, I own a storage unit facility (indoor), and seem to have a plateau in the last few months in regards to filling up units. I have marketed in the local paper, outdoor advertisement, Facebook, craigslist,...
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Hey guys! Surely this has been discussed before, but figured I'd start my own thread on this topic for convenience's sake (selfish, I know haha).
Although my active real estate business is wholesaling, my goal is to...
We are so disappointed with our listing agent. I've rewritten this post several times trying to convey our situation as accurately and honestly as possible. Before we listed our home we interviewed four realtors and ...
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I got a lot of questions on my Instagram yesterday about the email we wrote to our tenants addressing this outbreak so I decided to include the letter we wrote here in case it helps anybody :) I think a lot of landlor...