I currently have a 1 LTR condo in Orange County, CA with the goal to expand 3-4 in 2024. As I start to expand I do not want to get caught in a paperwork pile. In terms of a Book Keeper what do they actually do to prov...
We are now into a couple of years living with "SB21-173, Concerning Rights Related to Residential Rental Agreements" and as a landlord I wanted to see how others are actually recouping/collecting any late fees from yo...
Hi everyone.I purchased my first property last week and have settled on my scope of work and the contractors I will use. I am hoping to have them actually do the work in the coming days. I am wondering though, what ...
My inlaws have a 4 unit property that should net around 10K a month. The PM company tell them EVERY month that between 4 and 7 thousand dollars of maintenance/repair is needed. My inlaws say, "well the building is old...
Without outside investors (rare) how does one overcome debt to income ratios without paying in full for a properties? I have set a goal is to acquire 5 single family properties within the next 10 years. I have my firs...
We had a previous tenant move at the end of his lease. He was an ok tenant. However, there were damages, to include that he tried to install a Nest thermostat and blew a fuse because of it. He tried reinstalled the or...
Hi BP,Opinions on Quickbooks online vs. Quickbooks Pro? Seems like online offers better access. If you do suggest online which level do you suggest?Thanks in advance!
Hi BP members,My business partner and I, @Sean Edward O'Brien, recently purchased a buy and hold duplex in Kansas City, MO. The cash flow is "great" and the property easily satisfies the ever-so-important 1% rule. W...
I'm sure something like this has been covered before, but here goes...There was a plumbing issue with the main drain line. There was some gurgling when the sinks/tubs would drain. That's obviously not normal. I call...
One of my tenants' ex-girlfriends broke every window in the apartment. I am trying to take her to small claims court, but in the meantime, the windows need fixed. The total is only $137 over my deductible, so no use...