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One of my rental properties in Kansas City is managed by a property manager. My recent monthly owner statement included a $443 charge for replacing a kitchen faucet. Seemed excessive to me so I got a breakdown of th...
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$200 non-refundable application fee -- This seems very high to me. I have noticed since my PM implemented this our days on the market have significantly increased. Coincidence? What is the typical application fee i...
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My CPA is charging me $750 for my 1120s, form 8825 $1500, and form 4562 $3000. A total of $5250 for 12 properties. Is this what most of you guys pay? Right around $500 per property. At the end of the year I send him a...
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What property management apps do you use to sign leases and collect rent from?
Avail vs RentRedi vs Excel sheets?what's the best one in people's opinion?
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Hi Everyone,Trying to gauge the demand for short term rentals in Cleveland OH. I would need to gross $1200 per month on a 2 bedroom condo in Detroit Shoreway to break even ( due to the high taxes in Cleveland and $15...
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Has anyone converted a multi-family property into a vacation/ST rental? If yes, how did it work and what assumptions did you include in your analysis?
Thanks!
Brian
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So I bought my first house for $605k at 6.4% with a conventional loan 5% down. I pay $4100/mo not including utilities. 1 year appreciation according to all 3 real estate websites zillow, redfin, and realtor.com, my ho...
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Hi Everyone,
Got a notification today from Rentometer that my account would be charged again, but noticed that they said I would lose my un-used reports that I already paid for unless I paid for another year subscrip...
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I’m just beginning my real estate investing journey and about to close on a duplex where I’ll live in the smaller unit and rent the other unit out, gradually upgrading both units to build equity. Excited and worried a...