My family and I are about to buy our first STR in Florida.  We are purchasing in a nice community, so I'm making the assumption that the possibility of theft from outside parties (non-tenants) will be low.  But what i...

What is a due diligence period?

Hello, 
This property reno budget got out of hand but was appraised for more then expected at 191K. Home is not in a desirable location but good block so still waiting for desired rent which my property management sa...

Hi everyone.  have completed 2 houses so far, ive tried to keep detailed records as to every purchase, every man hour spend doing the work and this is what i have come up with;* I came up with these numbers by doing 9...

Investment Info:

Single-family residence fix & flip investment in Minneapolis.

Purchase price: $337,000

Cash invested: $457,000

Sale price: $589,000

A 4,200 sq ft house in Minnetonka, was the...

I am really struggling with keeping books... or really setting them up as a DIY rehab and hold investor.

When I buy multiple things on a reciept I don't know how to entet different amounts into what category.

examp...

I got a call from a tenant 2 days ago that there were several cops/agents at the apartment that I own and manage. It was the DEA, and they broke down the front door looking for a new tenant that just moved in recently...

Hi All,So might be a stupid question but here goes... What is the best way to categorize expenses that are for your overall business operation when you have several properties? For example say I purchase a printer, st...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Lima.

Purchase price: $50,000

Cash invested: $17,000

Two family Dwelling, Currently 1unit rented

What made you in...

Hey, guys, Im always impressed by the value of this forum.I noticed there has been number of folks reaching out to the bigger audience for rehab advice on the layout of their projects.  I decide to follow the suit. I ...