Just a simple math:
Let's say I buy a home for a million dollars, with 20% down and 30-year term
interest rate = 5% + property tax = 1% + maintenance = 1% ----------------------------------------...
BP,
I am still on the hunt for my first great buy and a realtor I've been working with mentioned to me that he knows an old guy that owns a trailer park. To make a long story short he basically told me that the owner...
Hi all,My wife and I are about to convert our primary into a rental. Any recommendations on software or systems to use for one rental? As always we appreciate your feedback
Hello, we are currently house hacking a duplex in Greenville, SC and have been using RentRedi as our management software to handle payments and leasing. It has worked so far, but there are few things about it that we'...
Hello colleagues!Does any one use a rent collection website or any other kind of app? such as Cozy?Thank You-Landon
Anyone have recommendations for a simple calculation/percentage on how much money to have on reserve per unit for basic maintenance and repairs? Thanks in advance!
I have been looking at a number of potential rental properties (single family and small multi family) and trying to do quick analysis with the 50% rule. Many of the properties are lower priced with, therefore, low...
I am a property manager in Chicago and I am struggling to find reliable handymen/maintenance workers. We only manage 150 units so we can't put someone on the payroll and have them fix things as they come up. I eventua...
I am a property management company based in Minnesota and simply wanted to learn what owners really want in a management company. We are simply trying to be the best that we can be and to do so try to take a step ba...
Hi BP, I have a question and hoping you can help me solve it. Since I bought my property I been running into some issues with the tenants and the management I hired. First problem is that some of the tenants are behin...