Hi Landlord,I want to brainstorm the following scenario:I have a newly occupied tenant who has cleans record. She moved into my 1-Bed unit 3-4 months ago, and in her mid-30. Since the beginning, she struggled and paid...
I'm new on BP and joined after I started listening to Joe Fairless' "Best Real Estate Investing Advice Ever" podcast. It's very motivating to hear other investor's stories. Curenrly I work full time in mental health a...
This morning the CDC extended the eviction moratorium through June 30, 2021. The first stipulation states the tenant is making best efforts to secure assistance. Given the $50B that congress has allocated to rent assi...
I've owned (2) rental townhomes for 8 years - I've used a property manager and I've never once had any problems. However - - now, this won't just be a 'side' investment, I am out of my lifelong business career - - a...
I came across an interesting situation. It regards companies that offer turnkey solutions for investors. That is, investment properties that are already rehabbed, tenant-occupied, have property management in place, an...
I was NOT a fan at first, but some of his principles (though not all) have resonated with me. Curious to hear everyone's thoughts.
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Hi BP! I'm attempting to solve a challenge. Currently we have 20 units, all needing mowing/lawncare.Currently I have about 6 companies handling this because the units are spread throughout the Chicago suburbs. Althoug...
Hello BP community,I'd love to hear from experienced investors on which repairs have historically increased their home's value the most. Obviously, there are many factors involved in this and it is difficult to distin...
I have a problem with paying people by percentage rather than pay per hour.For example, nearly every single property manager charges a percentage of the rent 6% to 10% of the monthly rent for property management fees....