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A tenant’s refrigerator broke and the earliest any appliance tech could get out to look at it was 7 days later. I told the tenant there was nothing I could do, but to buy bags of ice and put them in the fridge/freeze...
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My wife and I are going to turn our primary residence into a rental. We are planning to manage it ourselves.We would live close by.I am currently reading and watching everything I can about landlording. Any advice or ...
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Hi All:How do you deal with your repairs if you rentals are located in another state? Recently, bunch of properties are having plumbing issues and even very expensive furnace issues. I got overwhelmed by the sheer exp...
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I still have not pulled the trigger on my first real estate investment. I recently had lunch with a buddy who is a Realtor and owns a few properties he rents. We were talking shop, I mentioned I would 100% need a Pro...
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What do landlords spend money on for rental SFR that end up being a waste of money? Seasoned investors have probably learned these items over time that new investors could benefit from.
Windows , Blinds, Upgraded A...
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I am going to do a full rehab on one of my units and I want to use it as a template for all rehabs in the future. I am looking for ideas and best practices for low maintenance materials that are relatively cheap and t...
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As a rental investor, especially someone who invests remotely, I only hear about the condition of a property after a tenant's departure. Usually, the make ready is cosmetic, but I'm often concerned about structural is...
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I'm new to real estate and found this 4-plex in DC that I'm analyzing. The location is 0.4 miles away from public transit, a university, and bars. I'm unsure about maintenance estimates. The apartments have been renov...
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Hi all, I’ve got one rental going so far, so for me it’s easy to maintenance most of it myself. Recently in my quarterly visits I like replacing the hvac filters, run some diluted chlorine down the ac drain line, the ...
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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...