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Hello everyone, I am relatively new to this. I purchased a 2 flat in Aurora, Illinois about 10 months ago and now have have both units rented. I want to get a second property and would love know of any tips on how t...
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Should I Wholesale it, Rehab & Flip It or Who-Tail It....The particulars on this deal are as follows:Asking Price: $100,000ARV: $159,000Repairs: $15,000 to rent $25,000 to flipRental Amount: $1450What would YOU do...
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Need to ask some others about this.
·Previous tenants infested the carpet with fleas I am holding 200 dollars in pet deposit no matter what. I cleaned the carpet on four different occasions over a week and h...
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Hello BP. I currently self manage my properties using Buildium and I love it especially the resident portal and ability to accept ACH rent payments. Recently after over a year of succesful payments a tenant payment ...
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We all know about Denver's Lodging Tax and that it must be collected and paid and that short term rentals have to be licensed in Denver for this purpose.All of the platforms - AirBNB,VRBO, etc - collect this tax on th...
Good Morning,I am currently setting up an LLC as the designated manager (COO). The other members and I have a significant amount of personal assets we want to protect, hence the LLC. The main focus of the business i...
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When I was able to make 50K a year between cash flow, appreciation and principal paydown on a 60K down payment, it absolutely made sense.
Now that the down payment required is 150K a year and I'm looking at 50K a yea...
I have a 2 bed/1 bath rental in a 55+ community in Riverside, Ca. Last week I had a neighbor of my rental call to inform me that another neighbor had called the police to do a welfare check on my tenant. Due to my ten...
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my renter moved out April 1st 2016. he kept the keys and never returned them but sent the remotes back after 45 days or more. I waited 3 days then changed the locks and purchased and programmed new remotes. Then, 1...
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house is a very good deal, but has 7 tenants living in a 2 bedrm , NO LEASE.
owner says they pay late, but always do pay ,for past 5 years .
all in cash,as he requested, so no reciepts.
if what he says is true that'...