Chris Nelson
To Sell or Not to Sell this 15.9% Cap Rate Duplex
Hi BP,Wife and I purchased a duplex in September, 2014 for $142,000 as owner occupied with 15% down. We put roughly $20,000 into it and have successfully rented it the last 2 years for $25,800 annual gross rent. We ...
Harold Cherrix
Has anyone used Wealthability CPA Services
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, ...
Rich Hupper
CPA vs Tax Strategist
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...
David M.
Automating Lower-Income Rental Property Management
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...
Justin Escajeda
SELF-STORAGE PLATEAU
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,...
Andrew Acuna
What do you do when you are 100% rented?
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? ...
Anthony Freeman
Repair and Maintenance budget
What percentage of monthly income do you budget for repairs? (Small multi unit family)
Alain Perez-Majul
Rentals: Debt and Leverage, Free-and-Clear, or Happy Medium
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...
Natalie Cloutier
Coronavirus: email to send to your tenants
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...
Account Closed
Really need advice
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 ...