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I have just partnered on a 6Plex and would love to get advice from anyone willing to give. We are local to the property and the last landlord has been managing it himself and says the tenants are very low maintenance....
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I'm learning how to screen tenants and how the applicant process should take place. I've read the Turners' book on managing properties and I've taken a look at BP's guide to tenant screening.
The guide suggest that a...
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The Friday night before Memorial Day, I got a ping. My Airbnb just got a whole weeks booking! Great…guest paid $8,824 for an 8 day stay. I was grateful! Because it was a late night (8:20 PM) booking, I replied to conf...
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Was just notified by Cozy that rent payment from last month will be REVERSED because tenant (who moved out end of last month) contacted his bank after breaking lease and moving out stating "payment unauthorized". I'...
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If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
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I need help picking a market. Just watched Bigger Pockets podcast/video about picking a market here as well as read through this article about markets with both appreciation and cash flow here.
First lesson - keep th...
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Was talking to a lender friend earlier who said Zillow Zestimates aren't trustworthy at all as they don't factor in REO sales. So aside from performing an actual appraisal or BPO, what are some good rules of thumb for...
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--Day 1: called and tt l/o regarding refi of Quad. Liked what I heard, decided to move forward. (They have 30 yr terms, Rates in the 4's....hip hip hooray :) Received Loan Questionnaire.--Day2: submitted loan ques...
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Hi, Folks,Want to solicit some input on doing new developments using modular construction.Just to make sure we're on the same page, let me define the distinction:Manufactured homes:Delivered to the final site in a com...