I am currently looking purchasing my first multifamily.  Quadplex.  Other than mortgage payment, taxes, water, sewer, trash, grass mowing.  What am I missing?  Also the electric water heater for coin operated washer a...

I just purchased my first rental property and am currently looking for a tenant.  I was wondering what I should give the tenant as far as a move-in package.  Like common maintenance, maintenance requests paperwork, et...

Keep running into maintenance issues with the property. On top of non paying tenant I had a water line broken.

Just wanted to know what exactly you all look for when choosing a property manager. What is the minimum experience amount you typically look for (how many properties they run and for how long they've been managing), h...

Hello,

Just finished my taxes for 2008. I noticed that my % of cost from repairs compared to gross rents was 4.7%. I currently budget 10% of gross rents for repairs. IE if rents are $800 a month, I set aside $80 f...

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Hi. I am starting renovations of a 4-unit which I own in Yonkers, NY in May. I am thinking of using one room in the basement as a laundry room, with one washer and one drier. I was told by Hercules (www.hercnet.com) I...

Hi Everyone,

Just wanted to give some investors some information. If you spend quite a bit on building materials or everyday maintenance on your properties. If you join NREIA, which costs around $250 a year. By joini...

Accounting question....would a new appliance for one of my rentals be considered a maintenance expense or cap ex for accounting purposes?Would that change if it were a flip project?  Thanks.

For most of my adult life, I was a renter and I noticed sometimes landlords would do some sort of "maintenance inspection" once a year, sometimes multiple times a year and sometimes, never.  As a new landlord in Cleve...