Hello BP, i read the brrrr & i want to apply it for units instead of the entire apartment. If there are tenants inside when i bought the units from the seller, what do i have to do before i start any major rehab?
I have been reading up on the 50% rule, and i am trying to understand it fully. My previous method of calculating expenses only adds up to a mere 35%
my old way includes
Property tax x 12
Mortgage insurance x 12
Re...
I have three rental properties in the Houston area. My family and I recently relocated to Arizona and so we reached out to a friend who has a handyman business to ask him to property manage for us. He is asking questi...
I’ve been practicing on the rental calculator and I’m not quite sure what exactly to put on the management fees. I’m looking in the olive branch MS area.
Yesterday I received my first email from Host Compliance about paying Transient Taxes for one of my rental properties. A quick trip to their website explained how they've built a business around helping counties with ...
Question: Property is in Tempe, Arizona. I have a tenant trying to give me a weeks notice to move out. We have a month to month agreement, plain as day saying a 30 days is required. If I get in the position to sue my ...
Super excited to announce we will be closing in September on our 3rd property! We will be moving out of our current house into the new house and renting the house we are in now. Both our current houses (in the North...
Hi, Can anyone direct me to where I may find a business plan sample or template for investing in multifamily units and apartment buildings? Thanks,Phil
Hello all,For the new year I wanted to organize my finances and maximize profits. I am currently reading Tax Free Wealth by Tom Wheelwright. Here is the situation: I own 2 properties in my personal name, but collect r...
I'm looking for a cheap way to collect rent online directly through my website. Anybody used Dwolla and have any feedback on them?