I have a duplex under contract right now in Michigan. The seller's disclosure said that the septic system was pumped and inspected in 2014. Because of this I didn't schedule to get the septic system inspected while ...
A contractor was recommended to us by a larger local wholesaler here in Dallas. We thought we'd give him a try. Bottom line, we had to bring on a different contractor because this one never finished the rehab.As it tu...
Hi,I've recently purchased some lawn equipment (leaf blower, lawn mower, weed trimmer) for the sole purpose of maintaining the property around my quad. How do some of you handle depreciating this type of equipment, a...
Hello, we are looking to find contractors we can use for all our current and future investment properties. These are the contractors we are looking for.FlooringPlumbingElectricalPaintingTiling (for bathroom/kitchen)Ri...
Hi everyone,I would like one of my lease terms to stipulate automatic payment one day after the renter's paycheck date, direct to an account managed by me. Would most property managers accept a term like this? If not,...
Hello, I am a tenant of an apartment, and the contract stipulates that I pay the water bill, but they have sent me an email saying that the owner will take care of the water and it seems that the owner does not know, ...
I have 5 doors and about to purchase 3 more (plus I have a FT job and freelance on the side). Plus I'm just honestly not the most organized person. I'd like to simplify by taking bookkeeping off my plate. Does anyo...
Hi, Fellow STR operators
I have a question on fraudulent payments from STR guests and wonder whether you all have a standard practice dealing with such situations:
We have some units in the rough part of the town an...
Hello,Curious about how other investors, say 25 units or less, manage their bookkeeping needs. We have developed a pretty effective, but cumbersome excel process, but are now looking to really streamline things from a...
Hi everyone, I closed on a property last week, listed it for rent the day of closing, and am performing some minor changes before it is rented. Based on my understanding of @Brandon Hall BARRRR stategy, since the pro...