Hello all, I'm new to the forum but have been consuming a lot of helpful information over the past several months. I am about to close on a rental property in Buffalo NY, this will be my second investment property in...
I have a parcel that has a house plus some adjacent vacant land that I have owned less than a year. I subdivided and now have separate offers on the house and on the residual vacant land. The sale of the vacant land...
All,I have one unit that is about 1150 sqft, 2br/1.5 bath 2 stories. From my PM I should expect a quote about 2-3k. What have yall been quoted before? How can I reduce the cost, aside from hiring off craiglist. This i...
Hi everyone! I’m an agent in Lubbock, TX & work with a few investors who fired previous agents due to not meshing well with that. In saying that, what are your pet peeves or big no-no’s if/when you’ve worked with ...
We are completing a 1031 exchange. First property in CA, 2nd in Houston, TX. Some friends say they have completed 1031 exchanges on their own and all you need is 'keep a paper trail of transactions'.However, given t...
Hello,My fiancé and I are looking into Colorado Springs or Phoenix to invest in with our 1031 exchange. We have chosen these two cities since she has the availability to transfer with her company and the opportunity ...
The broker I a working with to buy a property also has a PM company. They are asking for 1 month rent to market and find the tenant plus 9-10% fees to manage it. It seems too much but I am new to this and would like t...
Hello BP,
I read through Avery Carl's book and I've looked for other resources but many of them are more focused on general STR or vacation rentals; are there resources available for STRs specifically focused on rent...
Hi BP,I hope you are all doing well. I have been looking at properties across the South Shore and a lot of them are full of lead paint... It has been a deal breaker for us because we are looking to rent the properties...
I have a tenant who hasn’t paid last month’s rent, and next month rent is due soon as well. What are some things that have worked well for landlords in this situation? I am WA.