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Hi all,I’m about to close on my first out of state rental and have been in contact with a property management company to manage it.For accounting purposes, the PM is asking me to open a business account at a local ban...
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I think most people that have given it much thought and aren't agents/brokers themselves realize that the real estate industry is in serious need of reform. Should someone without a college degree be making more mone...
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I did a quick search and did not see anything recent that matches this. If someone knows of a good thread, drop a link here.Otherwise, lets discuss what people do to negotiate PGs. What is considered normal or accepta...
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Here's a list of my pros and cons of medium-term rentals as compared to traditional LTR. This list is based on my own personal experience of running a monthly rental in Austin, TX.Cons:1. More turnover - My average st...
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Hello all, Just curious as in the first couple of steps to start focusing on when it comes to developing a business plan for vacation rentals? I know that the RE attorney is a must but other than a attorney what are s...
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So I'm a little bummed out tonight. I've been looking for a home to rehab and I found the perfect house for my first flip. LP is 39,900 (foreclosure) AVR= between 88k-100k. Only has cosmetic damage and i estimated abo...
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All: I'm looking for some advice. My Tenant moved into my rental home (4/2) 5 months ago on a 6 month lease term, goes month to month after that. The tenant pays on time and lease states that she and her two grandchil...