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I'm very curious to see how many different answers we get based upon these inputs:Current Rents: $590/unit --> $2,360 totalMarket Rents (from my experience): $650/unitAnnual Water Bill: $2,000Annual Energy Bill:...
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I've been running a vacation rental operation in South Florida for the past 7 years, helping owners drive revenue. We come across a lot of owners super frustrated with their current manager and the main issue seems to...
I am purchasing a 4 unit and was wondering how to set up the bank accounts for deposits, cash flow and expenses. I have heard of trust accounts and commercial banks....getting confusing. Thanks
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we bought a rowhouse (single family) last year. now the place next door to us is converted into 2 condos and both are up for sale. we dont want to buy both, just 1 of them.
since its right next door to us, can it...
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Just bought my first ever investment property in Memphis Tennessee . About to start rehab phase but already thinking ahead. Due to the current climate of the economy, I’m thinking about making it a section 8 property....
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Greetings,Looking for some advice on how to do a quick property management switch. The agreement with the current property manager requires 2 months notice for termination by me. For various reasons I want to switch ...
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I'd love to hear various investors' opinions on Darby. Many investors I know refuse to buy anything in Darby. Common issues making this town a no-go zone for both seasoned and new investors alike are high taxes, safet...
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Hello fellow investors,The results may not surprise anybody and some may think "duh", but I always wanted to put some number down to compare financing a property versus fully owning it (no mortgage) and see the impact...
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Hello everyone. I only have a few rental units. The first one is a 3-plex (building with only 3 apts), and the other is house (not split up into units or anything, just a single unit property). Currently I first start...
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I currently manage a property myself (I live close to this). Another property that I own is being currently managed by a property manager ($200 monthly fees). I am not happy with my Property Manager and plan to take i...