Question for self-managing landlords:I'm just getting started managing rentals. To me 10% of rents to PM seems like it would be a weight off my shoulders, but I also have trouble justifying the expense for the limite...
Hi BP.
So my husband and I are working on buying our first property. We are planning to house-hack our first few properties. As we continue to grow, how have you and/or your significant other deal with tenants? For e...
What are the best ways to handle tenant maintenance, emergency and non-emergency, without hiring staff, doing repairs yourself, or being on call 24/7/365?My husband and I have @10 units (single family and duplex) that...
I have a duplex that I manage myself. I collect the rents and I find new tenants, no problem. And I have all my contractors that I like lined up, so I really don't have any problem managing the property. But I was wan...
Ok, first rental and first tenant. This forum has been a godsend in terms of helping me and my first-time landlord anxieties. So, I have my first tenant, everything checked out, she was qualified, etc. She has been in...
I live in NY and own a couple multifamily properties. I have a formal meeting with new tenants where I go over what I expect from them and what they can expect from me. One of the things I tell them is my business hou...
Hello everyone,I'm looking to purchase my first rental property (preferably a duplex). I purchased a home back in 2020 for $360,000 (rounded). The home appreciated in value, to north of $550,000 (rounded). I currently...