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Hello,Tenant lived in unit for 9 yrs. Gas stove was new when tenant moved in. Tenant vacated unit last week and we noticed a different stove in unit. We questioned tenant and they said about a month ago the stove stop...
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I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
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Good Evening all, I hope this question is allowed on this forum. I purchased a Duplex in Wilmington, DE. It is a rather big house but only has a single meter. I'm looking to get a submeter or a method of identifying h...
We own an old home that was created into a triplex many years ago. It’s not separately metered for electric (needs major electrical upgrading to do so and will do in the future) and there’s only 1 furnace.Had intende...
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Hi all,My first time land lording without a partner, what software does everyone use to make applying/ and managing tenants easier?
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I have a middle aged guy with a disabled son (wheelchair) who wants to move in our unit. Rent is 1900 and his gross monthly is 4000. He does have 100k in the bank. Would you consider this remnant? I’m in Melbourne FL ...
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Hello everyone,Hope all is well! I've enjoyed this forum very much since joining last week. I came across biggerpockets.com through a mention from the Mr. Money Mustache forums. First, I thought to myself... bigge...
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So renting out my single family again and I have a couple qualified applicants. Just coming across some things that I havent had to deal with yet. My previous tenants moved in the first of the month.So I charge $925...
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Hi guys,I got an initial disclosure from a lender for a loan on a 62.5K property. The terms are 30 yr fixed 5.375%.Here is the snapshot of the closing costs excluding prepaids/escrow.I confirmed with the lender that t...
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BLUF: Expressed as a percentage of revenue; what are your cleaning costs? please chime in if you can help with any other STR industry averages for expenses.
For the trailing 12months my cleaning expenses account for ...