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Hello! My wife and I are both W2 employees. We are carefully looking into starting rental property investing. However, one of our objectives is to reduce the tax burden we face on our W2 income. However, a local real ...
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As a property investor or manager, it's crucial to grasp the concept of capital expenditures (CapEx) in multi-family properties. CapEx refers to significant investments made to maintain, improve, or upgrade a property...
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I’ve got a 1-year contract with my property manager & then after the year expires it becomes month to month automatically. I want to get a new PM earlier though because the current PM is horrific. They take foreve...
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Hello, Could someone please explain how this works. The prince listed and price under contract. Which price do you inform the buyer? How does it all work together when selling a contract to wholesale? Thank you in adv...
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A Comprehensive Guide to Tracking Key Performance Indicators (KPIs)
Discover how key performance indicators (KPIs) help us measure the success of various aspects of our business by tuning in today's episode!
Key per...
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Hello, What kind of insurance do I need for my property while I am renovating it? I will not be living there and there are no other occupants. Is there a certain level of insurance (liability only) or add-ons I shoul...
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In the realm of property management, understanding the legalities and responsibilities surrounding lease agreements is crucial for maintaining a successful and compliant operation. One common question that arises in t...
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Analyzing real estate deals is like deciphering a puzzle of numbers and projections. It's crucial to understand the financials and market trends to gauge the potential value of a property accurately.
One key aspect i...
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Before closing on an investment property, I undertake several crucial due diligence steps to ensure I make an informed decision. These steps include:
-Property Inspection: Engaging a qualified inspector to thoroughly...
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As a property manager, one of the crucial and multifaceted responsibilities is ensuring that landlords have reliable tenants who will treat their property with respect, maintain it in good condition, and pay rent cons...