Learn from my experience and mistakes! 1. It is so true that you need to screen the tenants! I was referred tenants by my financial advisor who I trust and is a great individual. However, the people she referred were ...
when a property management company is paid to make a property ready for a next tenant Money is paid for this. Should in this price that was paid , include landscaping costs , "materials , utilities , locksmith fees...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $116,000
Cash invested: $25,000
Personal home that will become a rental once fixed and updated or will be used for ...
Hi all, I'm looking for general feedback, do's and don'ts for an idea, and if someone has any experience in the area.I have a small 50x50 lot in Coeur d Alene, ID. It's not buildable for conforming home, so I was thin...
Hi, I am moving out of my main residence (single family home) and plan on renting the property out. I have found prospective tenants and doing my screening process (thanks to the advice I have received from the forms)...
I'm sorry if this is in the wrong forum, I couldn't find a category that fits so I figured I would post in the most popular one.I have a property under contract that I want to use as a rental. My initial projections s...
I recently visited a 10 unit multi-family property with a broker and liked the property. In most circumstances, I request the rent roll and last 2years of financials, so I can run an analysis on the current actuals, t...
I got a violation letter from the city 3 months ago. They had the wrong owner address so kept sending them to a different address, so it took a month for the letters to reroute to my current address (I requested chang...
Hi BPers,We had a tenant moved out. The landscaping and bushes were not trimmed as we gave to them when they moved in. We found out that some wall drawings issues after the new tenant has moved in. do we charge them f...
As we navigate the ever-evolving landscape of real estate, understanding and mitigating risks is crucial. But what are the biggest risks we face in today's market? And more importantly, how do seasoned pros deal with ...