When does it make sense to get a property manager? Working the numbers, and considering a possible annual vacancy, it seems to zap out entire profit for the year if we are paying 10%, then one month of rent for a one-...
Greetings,I'm looking at a house selling at 136k. It's owned by a landlord who is occupied by three tenants who are serious on staying/renting. Seller agreed on selling house for 128k. This house is not listed on mar...
Hi everyone, I have a quick question regarding my commercial building rental. Recently the hot water stopped working and my landlord says that's the responsibility of the tenant to fix. I am not sure whether commercia...
Do you always provide appliances in your rental properties, specifically fridge, washer and dryer? If so do you charge extra for them and if so how much?
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...
Starting this topic with another thread title to generate more interest! Anyone have any success in carving out a niche in property management of subdivisions, condominium associations, etc. for an HOA? I have not see...
I use Crestcore in Memphis, TN. Not a very responsive company. I wonder if it's normal for them to request and hold a minimum amount in my account for repairs. At least that's what they claim as the purpose. I am n...
Hi everyone, I am looking to buy my first property in North New Jersey area. A lot of the houses in further North New Jersey are cheaper but usually they have septic and well water. Would you buy a house with those? d...
Hi! I'm looking at my first purchase and I think I'd love feedback on the numbers I found12 unit apartment building in Brucetown areaPurchase: 380,000, 20% downExpenses, Annual: Property Tax: 1400 Insurance: ~3000 ...