Just purchased our first 4plex, which will bring our total unit count to 5. In your opinion(s), is it necessary to utilize a PM software at this point? Is this something we should do now, or wait until we have mo...

What bookkeeping and account software do you recommend?

My friends and I are considering a large mult-family project that would involve significant financing. We don’t have experience wth projects this size. We want to ensure we’re considering potential pitfalls and optimi...

How do we legally request official military documentation from the tenant, such as their orders or military ID card. This clause should specify the purpose of the request and how the documentation will be used. Do you...

Good morning from NY;My scenario for the day is this : I have been speaking with a highly motivated seller. We had an great connection from the start, we like each other, and he needs help right now. He owns 2 homes t...

I'm looking at a passive real estate investment where part of their equity raise is for Tenant Improvement and Leasing Commission (TI and LC) reserves. When they calculate their annual cash flow, they do not include t...

Hi! My bf and I are looking to purchase a house to live in Boynon Beach, Florida. I currently own a condo that I would rent out full time. We found a house for ~$1.05MM that has an amazing 1/2 acre lot, pool and on a ...

Hi, This is my first time posting so apologies if I didn't to something correctly. In 2017 I got my North Carolina General Contractors licence and partnered up with my parents to build my first investment property. I...

Hey Everyone! I'm getting close to have my first duplex very soon! I will be inheriting tenants and I was wondering what all of you do when you inherit tenants. I am going to send an introductory letter to them explai...

I have a paid off duplex in Cleveland, OH held in a LLC and I need access to cash for a short term (~$40k). Conventional loans and personal loans are out as I recently started a 1099 job and banks wants a W2 or 1-2 ye...