I have a multiunit (6 units). The condo association is the worst I have seen. They don't send invoices for association fees and there is no web site to track account. Sometimes they just don't cash out the checks whic...
With the current trends of longer term guest stays in the era of staycations and work from home orders, what any tips, recommendations, or best practices you have found for longer term (30+ day) guest requests? Are yo...
Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve?
Hello,I am new to your community and wanted to introduce myself. My name is Jason Stutenroth, I'm currently employed as a construction estimator for a walls & ceiling contractor in the Harrisburg area. While worki...
What's the best way to get in contact with REO agents?
So once I purchase the property (or prior?) what do I do to get the tenants to start paying me the rent instead of the older landlord? Do I draw new leases up with each one (they are already on leases) or just tell th...
Hey y'all,
I'm a new investor and recent transplant to St Louis. Looking an agent and am in talks with one who wants me to sign an Exclusive Buyer's Agency Agreement. They said, "The state of MO requires this docume...
Hey guys,I'm an aspiring landlord, still working on my first property after I get everything fixed with my current house!I had a question for you folks out there in regards to an online rent payment/management portal....
I know this will be hard to give a precise answer on, I'm just looking for rough estimates based on your experience.So by the end of the year I will have 12 rentals, single family homes, located on two properties, one...
Investment Info:
Single-family residence fix & flip investment in Council Bluffs.
Purchase price: $130,000
Cash invested: $22,000
Sale price: $220,000
This was a smoky, cosmetically distresse...