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Where do you put the tenants deposit? Is it OK to keep in the business account or does it have to be placed in a separate account from the business? Example: we have a business account at Chase with a checking and two...
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Hello,I have a rental property with a full walkout basement. Recently we conducted an inspection of the property and discovered my renters were growing pot in the basement. It was a professional setup. I stopped th...
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Hi all, I recently purchased my first small apartment building (11Units) in Lakewood, OH. The utilities (water, rubbish removal, boiler gas, domestic gas, and common area lighting) are paid by owner. The electricity i...
I've been a wannabe investor for several years, and have enjoyed reading BiggerPockets. Sadly, the topic that finally motivated me to create an account and jump in is not a happy one:We have an adult, non-family-membe...
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Real Examples of why you need a full service brokerage: Borrower running out of time on purchase and sales agreement about to lose deposit. The brokerage provides a creative solution by calling the seller for an exte...
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Hi All, I was wondering to get some feedback on what type of maintenance management software (if any) you use and/or if you are satisfied with it.In the past I developed a very small Microsoft Access database that we ...
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I have 4 single family houses I want to sell to trade up to a multifamily. How can I coordinate this to take advantage of the 1031 exchange?
I am new to real estate investing and have a question.It seems that whether you are an agent/investor or investor, a big pain for me is coordinating with all the service providers to a transaction (i.e. inspectors, ap...
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Hi Everyone,What is a reasonable expectation of how much time it usually takes to coordinate a toilet replacement? Our PM charged us for 2 hours of time for coordinating repair for replacing a faulty toilet. This is...
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I have a few general questions about the timing associated with investing in and eventually selling SFRs. I only own 1 investment property (a 4-unit multi) but I'm on target to be adding another to my portfolio in the...