When opening a separate account at the bank for rental deposits, rent, and expenses are you opening an actual business checking or are you opening a personal/general checking and calling it your "business" account. K...
I have middle income tenants in one of my properties. Overall, they have been good tenants. Clearly tenant turnover is costly (repairs, vanacy, work I have to do to fix it and show it). Have you ever considered giv...
My agent and I spent some time touring an interesting 4-plex property today. It was well maintained by owner, had large units and was in relatively good shape. If we decide to move forward with offer/purchase, I wou...
Hi Everyone!
Just joined yesterday, and would like to introduce myself.
My name is Renee Fulcer, from Rockford, IL. I have a background in bookkeeping, and worked as an executive assistant to a private investor th...
I just closed on a SFH in our market (Cuyahoga Falls, OH) from the MOST random lead...my husband's hair stylist. We tell everyone we're looking to buy houses in that market and one day, during a hair cut, she says, "I...
So we currently have a duplex- wahoo! We just had to jump into the game asap and we definitely overspent. It cash flows about $150 /month if we’re not doing any updates to it so it’s quite minimal.
My wife and I are ...
Hi all,What is the best way (if any) to handle updates to a tenant's property condition documents after they have already moved in?One of my rental properties was built in the early 70s. Many of the windows were mis...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $183,750
Cash invested: $183,750
Duplex in Independence MO purchased with cash with my business partner and ...
Hello. Does anyone have any recent itemized quotes they would be willing to PM me? You can delete the contractors name. I'm not trying to steal them. I'm just trying to get a better idea of prices to run my numbers. I...
Potential BRRRR 🚨
We just bought this 2 family in Laconia NH last week.
We paid $95,000 and have a rehab budget of about $65,000. The top floor unit just needs a new kitchen, some flooring and paint. That’s going o...