Nick Ferrari
Strategies on increasing tenant rent
Iron Sharpens Iron. I want to hear your most effective ways at increasing rent from an already existing tenant.I personally write up an email or letter 60-90 days out from renewal explain that their rent will be going...
J. Johnson
Starting up a Business plan for Vacation rentals
Hello all, Just curious as in the first couple of steps to start focusing on when it comes to developing a business plan for vacation rentals? I know that the RE attorney is a must but other than a attorney what are s...
Arthur Banks
How do you handle damage found during tenancy?
I was in the basement of my unit last weekend and I could hear the tenants children running and jumping and banging. This led me to believe maybe I need to check things out. I didn't do any inspection during tenancy...
Chris Armstrong
Really Trying to understand Depreciation and Recapture upon sale
Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...
Valenda D.
LLC, Business Trust or ROTH Solo 401K: Which for New Note Biz?
BACKGROUND
I'm a former buy & holder moving forward and starting over after a downturn in personal circumstances, in the planning stage of creating a note investing company for and by myself.
I have been learn...
Bob Avery
New Twin Cities Investor Looking for Advice Getting Started
Hey folks!I've been lurking on BP for about a month, so I have a rough idea of the regular newbie steps which I will try to address below. I'll greatly appreciate feedback on any subset of my questions. Thanks!First a...
Willie Brown
Autumn Property Management
Hi guys, I'm an out of state investor and have one property in Detroit. Currently have a tenant that use to be section 8 as of 3 months ago so there aren't any rents coming in. Anyways for whatever reason I haven't be...
Jake Kucheck
Postponed (No Reason)
I've become a more avid follower of Trustee Sale action, for a couple of reasons. First, because I am looking to secure a transactional financing source, and second because I have a particular client that wants to bu...
Daniel K.
Advice for repositioning an entire portfolio
Hi,
I want to solicit some advice about a move I've been thinking of for a while. I have a small portfolio of single-family homes in the Austin MSA. They have obviously appreciated quite a bit. This has me thinking a...
Chris Lo
Using Property Management
I got a newbie question.
If Property Management Company can pick the right property, take care of it and tenants, and everything related to the property for ~10% fee, then why doesn't everyone do it?
Maybe many peo...