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For the last two rental properties I've acquired, my property manager gave me a list of items of work that I should have done to the property before showing the property (e.g., small repairs, full repaint, change out ...
if my rent is 1,234 per monthand I pay 900 per month ( Mortgage,interest, taxes,insurance,repairs,property manager, vacancy, HOA)it means my Capex is 72.93is my calculation correct?Do i include all these expenses? wh...
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My father-in-law is a builder and is helping us get started in the business. He mentioned that we could, especially starting out, probably build a house cheaper than he could because he doesn't have time to shop aroun...
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We are installing two new windows and a new laundry room door tomorrow. I told my tenant to make sure the area is cleared for them to do their work and that all fragile items have been moved. When doing repairs in a r...
Hi guys,I paid a Handyman $13,000 to completely paint, sheet rock repairs, rugs, floors, windows, toilets, replace counter top and fix a few leaks, on two houses. A real estate lawyer explained that as a sole propri...
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How do you break down your property expenses in to categories? For instance, Repairs, Bank Fees, Utilities, etc. I'm looking to improve the chart of accounts that I use to give the property owners I manage for a ...
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We just got our inspection report back on our first turnkey rental. Here are the big ticket items on the report:Collapsed Main Sewer LineDamaged Sub Floor in a BathroomSistered Joists not securedElectrical system rais...
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Is anyone using a good inventory management system to track supplies in your STR? Admittedly I am a tracker and love to analyze mundane things like burn down rates to predict when I need to bring more supplies to the...
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“The Truth About Rehab Projects & Budgets”By Justin M. Bullock, Real Estate Developer & InvestorWhere there are numerous components to real estate investing, one of the most common struggles (with both new and...