I just closed on a duplex that has tenants in both units. I sent them each a letter letting them know where to send the rent check, where their deposit will be held and the lease that reflects the same terms as the pa...
Hello all. The house we just finished has a total value of 45k. We have 22 into it. We JUST put it on the market and we think it will sell. However, in planning for the unexpected no sale, we can always rent it for...
What percentage of monthly income do you budget for repairs? (Small multi unit family)
Hi all.I'm in Alachua county FL, but that's not available in the location options.So , off course the proposed property taxes bills have arrived. And each has gone up the full 10%.IMO property taxes are a criminal org...
Aloha BP!My partner and I are in the beginning phases of our partnership but we both know that in order for us to excel in this business, we will need to acquire team members that are way smarter at what they do than ...
My brother and sister in law recently purchased a new home here in ok. Their old home is in need of repair with about 75k left on the mortgage. The arv is 120k. Rents around 1k.Here is my question. They are willing to...
First timer here! take it easy on me.
I have 4 tenants paying well below fair market rent. Current rents are 1300/1100/1100/1150. Fair market is 1800. My state laws do not put a limit on increase amount or frequen...
I really appreciate all the great advice given and have learned so much from these forums. However I have a situation I cant seem to find an answer to.We were able to acquire a 13000 sq ft commercial multiunit buildi...
For those of you who syndicate listings and post HTML ads on Craigslist, be sure to note the recent changes that kill custom HTML templates. It's unknown if this is all cities, but I know it has hit Philly. Check ...
Hello,My wife and I are looking at doing a 1031 exchange and purchase a property on the Oregon Coast. We understand that it's not very realistic to expect that a vacation rental will be the greatest investment but thi...