Marie C. SaintVil
Raising Rents While Keeping Tenants
I have a 5 plex I'm closing on in GA. The current rents are below market rents. To get it up to the market, I would have to increase rents by about $500/month on each unit. 1 unit is in poor condition and is MTM so I'...
Roy Gottesdiener
Keep or sell this property?
I currently own a portfolio of 6 SFH, of which there is one that I bought a year ago and it's been a pain to deal with.After my rehab it had squatters which took around 5 months to evict, then it had to go another sma...
Jim Halpert
Keep rental income or sell?
Reaching out to find advice for my best course of action. I have a duplex I renovated and have both sides occupied. After I pay my mortgage I bring in 1400$ a month . I’m currently renting myself because of well the c...
Lewis C.
Rental House: keep or sell?
Hi folks, I own 4 rental properties in Memphis, and have been investing for 16 months. I am looking for advice on this situation:The first house I purchased cost 115k and it rents for $1,200. For those of you that kno...
Kyle Bethune
Property management : book keeping software
I saw some posting about property management software. but it looked to me that it was very large scale property management operations. I am taking the next step with my rental business. I currently have 10 units and ...
Jacob Ayers
Book Keeping and Tax Prep
Hi BP Community, As I'm preparing for my first itemized tax return, I'm realizing that I need more efficient methods to track expenses. Does anyone have any suggestions for apps or software that make tax preparation e...
Michell P.
More people keep moving in...
Hey all, Ok... I have a tenant who has been kind of a problem ever since I got involved with the property. They were placed in the unit by the previous property manager and their lease is OK but pretty minimal and no...
Chad Matthews
Should I Sell or Keep
I'll admit it ... I'm a collector. I really really like to buy real estate but I don't really like to sell it. That being said, I have a sneaking suspicion that I should be trading up, leveraging more, stacking, etc. ...
Harrison Liggett
Keeping track of vacant units!
Hey BP! An issue that I am currently working on right now is keeping track of the heat in my vacant rentals (25+ units at any given time). Particularly with the weather getting colder and colder here in PA we need to ...
Tony Hightower
Keep deposit on damaged linoleum?
Would you keep all of a deposit based on damaged linoleum? It will cost the deposit to get it replaced.It might sound like a silly question, but are there damages you just let go?There is also a missing smoke detecto...