I have a tenant that constantly pays late. They used to pay their rent on time, but now they say they can't pay until the 15th of the month because that is when they get paid. I have let them pay late the past couple ...
I am under contract on a 4-unit investment property and want to use a property management company. I am wondering when is the time to bring them in. I close at the end of the month, so it isn't a done deal yet. Sho...
1. Reduce Taxable Income. Many real estate investors have W2 employment or 1099 employment. Either way, there is tax liability for these investors. How much individuals pay in taxes does not depend solely on what your...
Hi!We obtained a HELOC and looking into our first multi family investment property. We wanted to explore the turnkey routine but I spoke with a few and I feel like that may not be the direction I want to go.Anybody ha...
Let's say you have your property, and everything is going according to plan with your REI. How often do you want your PA doing a walkthrough of your tenant occupied units? Is this allowed? If so, is there a difference...
New investor (8 months in) investing remotely in Indianapolis. I currently own a SFH and Duplex both being managed by the same PM team.Apart from the expected late rents from C class tenants, the monthly maintenance c...
I looking to get a consensus of what is the top 3 biggest cost for rental properties owners occur on a consistent basis?
Hi BP,I am getting ready to close on my first 8 unit apt complex. I would love any and all advice as to what to do now in order to make this a seamless transition. For example, I've read many say they send a letter wi...
Hello everyone! So we got a call this weekend in the South Texas heat that one of our tenants had the AC go out completely. Of course, we went through as quickly as we could to get in touch with our Home Warranty comp...