How do you personally calculate the cleaning fees?I've been running into this lately in my STR analysis. I have talked to PMs in the area and am told the "cleaning fee is a pass through cost" - I understand that the g...
I am in the inspection stage of buying 3 bed 1 bath/3 bed 2 bath duplex for 575k and know that I do not want to spend more than 650k on this project. I am preparing to counteroffer at a lower price due to the extensiv...
After a long time of reading, planning. and preparing, I want to start investing in real estate. I'd like to purchase a single condo unit in the $80,000 range with a $20,000 down payment, giving me somewhere in the vi...
Hello everyone! I recently purchased my first property earlier this year and have been managing myself. The property is a owner occupied fourplex in Texas near the DFW area. I just received a call from one of the tena...
Hello, I have a a tenant that has been getting worse and worse about paying the rent. They have paid mid moth the last 2-3 months. I texted him yesterday and he did not respond. I checked my rental account today and i...
Hey group, I wanted to reach out to you all and get some of your ideas on the best practices for protecting your investment during the rehab process.I am looking at a property in a lets call it a “D” neighborhood. The...
Our tenants of 7 years are moving out next. They have asked to break the lease with 11 months remaining. When I went over to prepare for a showing I noticed there was water damage on the ceiling and a bunch of tiles a...
My mom's 65 yrs old in a $550k house she bought it 20 yrs ago for around 350k. Her break even amount is 2000 a month. She was offered $2500 for 3 yrs.If she rents it out she'd have to buy or rent a second place to l...
Hi, I am a new landlord in Massachusetts. My tenants signed a 1 year lease and after 2 weeks want to move out because of some family reasons. I am OK with it if they pay till I get new tenants. Is there any form/docum...
Hello!Originally a New Englander, I have been living in Kona on the Big Island of Hawai’i for four years teaching high school science. Recently, my interests in real estate investment and property rentals have grown a...