I have a strange one.A tenant hasn't communicated ever since moving in on March 1, 2021.Prior to move in, communication was good, during the application process, during the lease signing, communicated by phone, by tex...
Absentee owners are just that- absent owners. They could live a block away, or out of state- either way, they do not live in the property but still pay the tax bill.
Many times absentee owners are long-distance land...
I live in San Jose California. I want to buy out of State property as home prices are expensive here. I will be a first time buyer. Im not restricted by any demographics as I have to hire a property management company...
Quick and simple 2 questions:1. What are recommended routes of creating lease documentation? I'm assuming I will need to connect with an attorney. Any insight on that process would be helpful.2. Where are others havin...
Hey all, We just purchased our first rental (woohoo!). It's a small SFH with practically nothing to do to make it ready for rent. We're in the process of tenant screening right now (we've had like 40 bites!)My quest...
I recently converted to Quickbooks Online for 2 main reasons: 1) peace of mind in case my computer decides to crash 2) may eventually hire a virtual bookkeeper so thought online would be easier. I thought I could jus...
Hello BP,
I'm in the process of assessing deals in southeast Baltimore (Butchers Hill, Upper Fells, Highlandtown, etc) and can't seem to make any of my numbers work. My variable expenses (CapEx, maintenance, vacancy...
How to Prepare for Spring Selling SeasonSpring is believed to be the busiest season of the year in the real estate market. For sellers, listing in the spring provides an opportunity to take advantage of the notable in...
Hey everyone,
what do you use in your rentals? Carpet which would need to be replaced each time? Or linoleum or pergo which would sustain several renters?
Thanks!
I keep getting excited about REI, I read books and these forums and I'm ready to start, but then I start looking at properties on the market and start doing calcs and I get discouraged. I tell myself it can't be done ...